Friday, April 08, 2016

Alan Greenspan Warns Of Global Risk
Former Fed Chair Alan Greenspan says U.S. policy makers have to take global developments into account - "The major problem that exists is essentially the issue that productivity growth over pretty much the spectrum of all economies has been under 1% a year for the last five years" .. he says ..  policy makers are concerned that slowing world growth will restrain U.S. exports, according to minutes of the Fed’s March meeting issued this week .. he sees a major expansion of debt under existing policy .. suggests fiscal stimulus - opening the door to helicopter money .. 3 minutes

1 comment:

Anonymous said...

If interest rates were higher you would get more saving which means more investment with in turn means more growth ... you silly old man.