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.
Sunday Night Futures
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Weekend:
• Schedule for Week of May 12, 2024
Monday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and D...
10 hours ago
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