Tuesday , December 7 2021
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Our Monetary Humpty-Dumpty

Summary:
Hello, Alan Greenspan, we are channeling you. That’s because the spectacular result of an art auction last week reminds us that the ultra easy money policies you introduced upon your arrival at the Fed in August 1987 are now delivering the whirlwind of runaway asset inflation that you yourself predicted before you traded your gold […]

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Hello, Alan Greenspan, we are channeling you. That’s because the spectacular result of an art auction last week reminds us that the ultra easy money policies you introduced upon your arrival at the Fed in August 1987 are now delivering the whirlwind of runaway asset inflation that you yourself predicted before you traded your gold […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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