The Greenspan, Bernanke, Yellen, Powell Put.

8 minutes

This was a seminal moment in our countries financial history. Never before had the Central Bank tried to influence the markets. The Fed had always behaved in a “hands off” manner.

But Greenspan changed all that.

And using these newly created powers of increasing liquidity and manipulating interest rates, Greenspan was able to guide the economy through such crisis as the Savings and Loan Crisis, the first Gulf War and Y2K.

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Start listening to Recovery May Take Time.
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Start listening to Recovery May Take Time.
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