tag:blogger.com,1999:blog-6399730406480392183.post2246827266000945971..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: Mr. Greenspan's Feet of ClayA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6399730406480392183.post-12761834583503421562013-11-16T10:37:16.707-04:002013-11-16T10:37:16.707-04:00What makes your article great is that it highlight...What makes your article great is that it highlights what drove our economy forward for so many years. It also points out why this "false" growth was unsustainable. Central banks have tried to address the situation by printing money and adding liquidity. This is their equivalent of a band-aid, and they have been putting one band-aid on top of another, but our wounds are not healing. More on the current situation below,<br /><br />http://brucewilds.blogspot.com/2012/06/fantasy-world-of-debt-and-more-liqidity.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-4504818397393991922013-11-16T10:29:41.788-04:002013-11-16T10:29:41.788-04:00Great article, in the defense of Greenspan he did ...Great article, in the defense of Greenspan he did on occasion raise interest rates and often near the end spoke of "conundrums" that indicated he did not have all the answers or was declaring smooth sailing ahead. Many people lay the blame at the feet of Greenspan because of his long stay at the Fed from 1987 to 2006. I contend Bernanke is responsible for much of our problems today because he picked up a shovel and started digging at a faster rate when he discovered we were already in a hole. Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.com