2010
05.03
05.03
Greenspan Hid Fed Debate Over Housing Bubble to Keep Control
Ryan Grim at Huffington Post has parsed recently released transcripts of 2004 Fed Open Market Committee discussions that show the debate over the rapid rise in housing prices and concerns about global imbalances were downplayed at Greenspan’s insistence. For instance, the minutes reveal that Fed governor from Atlanta, Jack Guynn, was worried about signs of [...]
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