Posts Tagged ‘ re-emergence of inflation ’

Alan Greenspan’s Legacy

Oct 5th, 2007 | By Christopher Hancock | Category: Macroeconomics
Alan Greenspan’s recent comments to 60 Minutes correspondent Lesley Stahl got us thinking. Greenspan said that over the long run, the biggest problem facing the U.S. economy is "the re-emergence of inflation" and rising interest rates. Hmm… Oil and food prices continue to surge… M3, the fullest measure of U.S. money supply, keeps ...read more