RIP Thread

  • 🔧 Site instability resolved. You can report double-posts and broken attachments. For bigger issues, use the Technical Grievances thread.
    🇵🇦 Nuestro primer dominio localizado está en español en kiwifarms.pa. Our first localized domain is on Spanish on kiwifarms.pa.
  • Want to keep track of this thread?
    Accounts can bookmark posts, watch threads for updates, and jump back to where you stopped reading.
    Create account
What's mildly interesting is that, from what I know, he was relatively decent before becoming Fed chairman. I recall reading a paper of his defending the gold standard.
Goes to show how much power corrupts
 
For all the haters, we cannot possibly imagine how bad things would have been if the libertarian die-hard Alan Greenspan hadn't been fed chairman for all those years and the fed had been chaired by someone more goblin like Yellen or Bernanke for five terms. I agree with the hatred of the fed itself, but if someone had to run it for so long, I'm glad it was him. He was infinitely better than all those who followed him.

Rest in peace, King.
 
For all the haters, we cannot possibly imagine how bad things would have been if the libertarian die-hard Alan Greenspan hadn't been fed chairman for all those years and the fed had been chaired by someone more goblin like Yellen or Bernanke for five terms. I agree with the hatred of the fed itself, but if someone had to run it for so long, I'm glad it was him. He was infinitely better than all those who followed him.

Rest in peace, King.
Wait he's been FED CHAIRMAN??
Soylent Green is CHAIRMAN!
 
For all the haters, we cannot possibly imagine how bad things would have been if the libertarian die-hard Alan Greenspan hadn't been fed chairman for all those years and the fed had been chaired by someone more goblin like Yellen or Bernanke for five terms. I agree with the hatred of the fed itself, but if someone had to run it for so long, I'm glad it was him. He was infinitely better than all those who followed him.

Rest in peace, King.
I'm torn on him. At one time he was part of Ayn Rand's circle and truly believed in free enterprise, the gold standard and limited government. And as you said, it could have been much worse had someone else been Fed chair instead of him.

But that said, his tenure at the Fed wasn't exactly a celebration of those early ideals. Yes, he did push for the privatization of Social Security, among other things, but the guy also juiced the economy with easy money.
 
1782188784493.png
 
Atrás
Top Abajo