Sabbatical Day 35

Finished reading Fleckenstein’s  Greenspan’s Bubbles.  The Maestro’s analysis of the economy during his 19 years as head of the Federal Reserve was one embarrassing episode after another.  In addition, he admitted the economy’s future was uncertain but the Fed would manipulate interest rates as if they knew how the economy was going to perform,

Read additional Greenspan congressional testimony from the 1990s.  I should read it at night because they are real snoozers.

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