Alan Greenspan, Ex-Fed Chair, Dies at 100

Right narrative

Greenspan knew exactly what a central bank printing press does to savers — he wrote a devastating takedown of it in 1966 — then spent two decades running that same press anyway. Greenspan taught Wall Street that reckless bets would always get bailed out, and his 1% rates pumped up the housing bubble that wrecked millions of families. Calling that legacy a triumph ignores the impacts of everyone who paid for it.