Alan Greenspan on Federal Budget Deficit, Asset Valuations
HTML-код
- Опубликовано: 30 янв 2018
- Jan.31 -- Former Federal Reserve Chairman Alan Greenspan discusses the federal budget deficit and financial asset valuations with Bloomberg's Tom Keene and Scarlet Fu on "Bloomberg Markets."
What about cutting the military budget before we take away ''entitlements? In the days if hacking and drone strikes, do we truly need all of these tanks, warship and ground troops?
Surprised that he didn't mention he was part of the problem.
what did the news anchor whisper @
In 2011 Mr. Greenspan said :"Rising price of previous metals and other commodities are an indication of a very early stage of an endeavor to move away from paper currencies. We have at this particular stage a fiat money which is essentially money printed by a government and it's usually a central bank which is authorized to do so. Some mechanism has got to be in place that restricts the amount of money which is produced, either a gold standard or a currency board because unless you do that, all of history suggest that inflation will take hold with very deleterious effects on economy activity. There are numbers of us, myself included, who strongly believe that we did very well in the 1870 to 1914 with an international gold standard. "
it is incredibly satisfying to here allan greenspan use the word bubble!
Love him or hate him, the guy is brilliant.
I have mighty respect for Mr. Greenspan but how can he speak negatively about a fiscal environment he helped to create?
Watch the Bonds and the Margin debts. That should tell you where the markets are going.
The bottom line is that government should never be allowed to borrow money....ever....Because they never pay it back
“Open his mail” - fuck we are in trouble...
6:45
Greenspan is the greatest economic thinker of all time.
Greenspan should be revered by all, he's an exceptional powerhouse of economics. People who believe he was the cause of the 07-08 disaster are ignorant and conditioned to believe so
I agree with you, debt is huge, therefore, government should downsize, and stop bailing out the big business ..
THANK SIR, GOD BLESS AMERICA AND GREECE-ROMAN.
Entitlements (like Medicare, Welfare, Social Security and Unemployment) are not the only issues. The Military Industrial complex and government employ retirement benefits are also part of the equation. Okay, lets go back to the 1950s. Get rid of Medicare, Welfare and Unemployment insurance. Cut Military spending, balance the budget and cut taxes. How about that Senators?
I agree, but congress and the Feds still have QEs and tax cuts that creates even greater impact on debt
You can’t redeem yourself when you helped start the fire
Open his mail hahaha
Low-interest rates on borrowed money are what lifted the stock market as well a commercial construction...