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Federal Reserve, Quickie-Economy in 20 Seconds

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Uploaded by on Sep 12, 2008

Alan Greenspan explain how printing money control the economy. WaMu AIG ,Lehman Brothers has filed for bankruptcy. Federal Reserve.
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  • Greenspan tried to hold back the hordes at the gate. He just got too old to fight them anymore. They yanked the rug out from under him.

  • What an...economic...use of time...hahahaha

  • greenspan did not get it right. he fucked up the economy. he let the interest rates too low for too long which created the carry trade in home mortgage now collapsing. fuck u greenspan.

  • Everyone google the following "Gold and Economic Freedom" by Alan Greenspan.

    Greenspan writes an essay about money, banking and the Federal Reserve, exposing the true motives behind fiat money (paper money), the Fed, and modern banking, and the true motives of Government behind the system. You won't believe this guy is the same Greenspan of the Fed.

    Alan please, Come back, Combe back from the Dark Side and expose the fraud. You lived a good long life. Think of our children.

  • No, these people made bad decisions for their companies, and the investors bought into it, lock, stock, and barrel. These people belong in the poor house, not receiving government dole.

  • Greenspan knows the reality of the situation. He used to defend reality from the politicians who tried to defeat it, until he became one of them. He's too smart not to know what's going. He's just a devious, devious man, and even though he knows he's not smart enough to play the part of puppet master of the economy, he tried to do it anyway. And fucked us. Ayn Rand would be proud.

  • Greenspan is the head thief. His version of supply-side (which one is hard to determine, since he reverses himself regularly) has served to drastically enrich the wealthy at the expense of the middle class and poor. Read Prof. Ravi Batra's books. And it has nothing to do with the gold standard; what the hell century do you think this is?

  • Greenspan knows this. Going off the gold standard is one of the main reasons he justified his job of regulating the economy while being a staunch free-market advocate. A gold standard would mean that no once has to make the choice of how much money to print.

  • what show was this, ?? Jay Leno would have ripped his ass out. !!! you can only get it right by switching to gold standard. no more inflatable money

  • He belongs in PRISON too; he resigned thinking to save himself from this fiasco fallout, but I think he should join the CEOs of Enron.

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