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Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve

Regular price ₱391.05 ₱193.05 51% off
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Unveiling the truth behind Greenspan's economic legacy.

This book is a must-read for anyone interested in understanding the true impact of Alan Greenspan's decisions as the chairman of the Federal Reserve. William Fleckenstein provides a no-holds-barred account of Greenspan's role in creating and exacerbating financial bubbles, exposing the flawed thinking that led to economic instability. The author presents compelling evidence and sheds light on private meetings that reveal Greenspan's true understanding of the consequences of his actions. If you want to challenge your beliefs about the infallibility of the Fed and gain insight into the fragility of our financial system, this book is an eye-opening and thought-provoking exploration.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Sale

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve

Regular price ₱391.05 ₱193.05 51% off
Unit price
per
ISBN: 9780071591584
Estimated First-hand Retail Price: ₱1,933.20
Publisher: McGraw Hill
Date of Publication: 2008-02-06
Format: Hardcover
Related Collections: History, Economics, Business
Related Topics: Politics, Management, Finance
Goodreads rating: 3.64
(rated by 140 readers)

Description

No matter who you are - investor, trader, homeowner, 401(k) holder, or CEO - you are bound to feel the impact of Alan Greenspan's "Age of Ignorance" for years to come. According to MSN Money columnist William A. Fleckenstein, Greenspan's nearly 19-year career as Federal Reserve Chairman is even worse than anyone imagined. Labeled "Mr. Bubble" by the New York Times, Greenspan was nothing less than a serial bubble blower with a long history of bad decision-making. His famous "Greenspan Put" fueled the perception of a Goldilocks economy - but, as this explosive expose reveals, the bear has finally caught up with Goldilocks. Using transcripts of Greenspan's FOMC meetings as well as testimony before Congress, this eye-opening book delivers a timeline of his most devastating mistakes and weaves together the connection between every economic calamity of the past 19 years. Fleckenstein explains just how far-reaching Greenspan's mess has been flung, and presents damning evidence that contradicts the former Fed chief's public naivete concerning shifts in the market and economy. He also points to a disturbing fact, that throughout his career, Greenspan not only made costly mistakes, but made the same ones - over and over again. And not only was he never able to recognize or admit
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Unveiling the truth behind Greenspan's economic legacy.

This book is a must-read for anyone interested in understanding the true impact of Alan Greenspan's decisions as the chairman of the Federal Reserve. William Fleckenstein provides a no-holds-barred account of Greenspan's role in creating and exacerbating financial bubbles, exposing the flawed thinking that led to economic instability. The author presents compelling evidence and sheds light on private meetings that reveal Greenspan's true understanding of the consequences of his actions. If you want to challenge your beliefs about the infallibility of the Fed and gain insight into the fragility of our financial system, this book is an eye-opening and thought-provoking exploration.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.