Former US Federal Reserve chair Alan Greenspan has died aged 100, his wife has said.
NBC News correspondent Andrea Mitchell said in a statement reported by her employer that her husband had died from complications of Parkinson’s Disease.
Mitchell’s statement said Greenspan was “a giant of a man who helped shape the US economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes”.
Not that it matters, because the effect is the same, but I wonder if he really did believe that stuff or if he did it knowing that it would facilitate a wealth transfer to the ultra-wealthy.
He was a true believer, no doubt about it. A cultist of the highest order, same as the entire Chicago school of economics. It makes it worse somehow.