GREENSPAN: THE FED FAILED

Must read here by Alan Greenspan. In this newly released paper he discusses the causes of the financial crisis and the Fed’s failures leading up to it. Interestingly, we continue to implement many of the same strategies that Greenspan admits were a failure and have done little to resolve the other causes.

About Post Author

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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