Photo: Center for International Governance Innovation
Where is the economy headed? Federal Treasury Chairman Jerome Powell has stated that low-interest rates will continue into 2021 to prop up a failing economy. Alright, the chairman did not admit to a failing economy. That was my insert on the statement. Looking to past Federal Treasury Chairs, what does former Federal Treasury Chairman Alan Greenspan believe about the pandemic economy along with looking forward to the near future?
Bloomberg Television News anchor David Westin interviews former Federal Treasury Chairman Alan Greenspan about the current state of the economy. The interview includes outlooks into the near future:
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