We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Greenspan's financial instability hypothesis

28 September 2005

The Fed s achievement of economic stability may cause financial bubbles. But its chairman says he can’t identify or deflate them in advance. It looks like Greenspan is anticipating trouble in future but doesn’t want to be held responsible for it.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)