Greenspan sees threat of '70s-style inflation (Musical Tribute)

Greenspan sees threat of '70s-style inflation

He's got a rear view mirror the size of Texas, that guy!

He acknowledges that global economic forces, more than Federal Reserve policy, kept inflation low and manageable for two decades.

Ya think?

He fears that could mean a gradual return to persistent 1970s-style inflation over the next 20 years or so.

Stagflationary Mark remains stagflationary and has begun to speak of himself in third person in a controlled attempt to contain his growing insanity. He does submit the following '70s-style song to honor The Maestro though.