Interesting Comments From Greenspan

It seems former Fed Chief Alan Greenspan is implying the Fed should do everything in its power to boost the stock market.  He also says the financial system is still broke.  Check out the interview from this week’s Meet the Press.  The Master of Disaster also says that you cannot have inflation when the financial system is broke, but there are several historical examples (Zimbabwe, Weimar Republic, etc.) of hyper-inflation occurring when a country’s financial system completely breaks down and the government starts printing money like its going out of style.    Enjoy.

-Billy Ray

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