One argument advanced in the attempted exoneration of Greenspan is that he didn’t really pump that much money into the credit markets. For example, popular blogger Megan McArdle writes, “Both right wing Austrians and many liberals have a common theory of how all this happened: Alan Greenspan dunnit. The mechanisms by which he accomplished his foul task are different in the two cases, of course. Read on…
December 17th, 2008 | The Daily Reckoning | 3 comments | Continued Our DR Global Editions: 
Wednesday, March 17th, 2010
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The least popular thing I have said on these shores is that the Yuan overvalued to the USD is a ...
Ross | 17Mar10 | More -
Not offended, Anon. Our equity varies, project-to-project. Some properties we own outright; some we own 60 - 90%; a few ...
Biker Pete | 17Mar10 | More -
Interesting thoughts Joe. The best way I can see to predict the economic future of cities and nations is to ...
Dan | 17Mar10 | More -
Geo: "...wouldn't that force the US to stop importing so much cheap stuff..?"
Probably a demand-and-supply issue. Shopping to outfit ...
Biker Pete | 17Mar10 | More -
Biker how much leverage do you use? If its too personal I understand, just curious tis all ;)
Anon | 17Mar10 | More -
Shared Equity in WA disappeared for a while, Shoes. We _actively_ campaigned for its return... even though it _cost ...
Biker Pete | 17Mar10 | More -
Excellent tone and lovely end of a book morality warning.
'But deeper down...the debt is still there...and it is growing bigger. ...
Joe | 17Mar10 | More -
Having finished the excellent article, It seems my suspicions are not too wide of the mark. I suppose we are ...
Joe | 17Mar10 | More -
I agree Joe, excessive inflation is an eventuality. But there are very big time lags between monetary inflation and price ...
Anon | 17Mar10 | More -
Please excuse my ignorance, but can somebody tell me why the US does not have the option of simply refusing ...
geo | 17Mar10 | More
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The least popular thing I have said on these shores is that the Yuan overvalued to the USD is a ...
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