Greenspan's Fraud

Greenspan's Fraud
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288
By:"Ravi Batra"
"Business & Economics"
Published on 2014-12-23 by Macmillan

Alan Murray, “Passing a Test: Fed's New Chairman Wins a Lot of Praise on \u003cbr\u003e\nHandling the Crash,” Wall Street Journal, November 25, 1987, p. A1; Martin \u003cbr\u003e\nSosnoff, “Hands Off the Punch Bowl, \u003cb\u003eAlan\u003c/b\u003e,”\u003cb\u003eForbes\u003c/b\u003e, April 21, 1997, p. 392. The \u003cbr\u003e\nAssociated ...

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For two decades Federal Reserve Chairman Alan Greenspan has held reign over economic policy, outlasting three presidents. His long tenure has had a profound effect on global economics and on individuals. In this hard-hitting exposé, international bestselling author Ravi Batra takes sharp aim at Greenspan's policies since he came into power. Greenomics, Batra argues, has extracted trillions of dollars from the American middle class and sharply benefited the rich, while protecting big business. Batra proves that Greenomics has also been responsible for periods of irrational exuberance, and exposes the wild inconsistencies in his social security plans. Greenspan's Fraud explores Greenspan's influences and motivations and the discrepancies between his words and actions, while revealing how his policies have national and global impact.

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