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Greenspan'S Fraud: How Two Decades Of His Policies Have Undermined The Global Economy.

Greenspan'S Fraud: How Two Decades Of His Policies Have Undermined The Global Economy.

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  • ISBN:9781403968593
  • Editorial: Macmillan Publishers
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:256
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For two decades Alan Greenspan has held reign over the US Federal Reserve, outlasting three American presidents. His debilitatingly long tenure has had a profound effect on global economics and on individuals around the world. In this book, international bestselling author, Ravi Batra, takes sharp aim at Greenspan's policies since he came into power while revealing the underlying philosophies of the man called 'one of the most powerful men in the world' by the international press. 'Greenomics', Batra argues, is riddled with inconsistency that hints at political motive. Greenspan, whose mentor was Ayn Rand, is exposed as a protector of big business at the expense of the middle class. Batra proves that 'Greenomics' has also been responsible for periods of irrational exuberance, because of Greenspan's loose monetary policies. Since the mid 90's, his ultra-expansionist monetary policy has strictly benefited the rich. Batra credits Greenspan with unwittingly engineering a global crash, creating self serving policies, and creating policy based on false assumptions.

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