Greenspan Says He Got Inflation Wrong…Sorry, Folks
President Donald Trump’s nominees to the Federal Reserve Board — Herman Cain and Stephen Moore — were both forced to withdraw by the banking establishment which rebelled against having outsiders on the Fed. Their cardinal sin was to urge more cuts in interest rates to further stimulate the economy, disregarding fears of inflation, the institutional bugaboo of the Fed.
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Dick Morris: Greenspan Says He Got Inflation Wrong… Sorry, Folks
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