RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich (australia) — The Guardian Australia
The Guardian Australia ·australia ·2 hours ago

RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich

Former Federal Reserve Chair Alan Greenspan died at the age of 100. Known for his influence on U.S. economic policy, Greenspan's decisions contributed significantly to the 2008 financial crisis, as he advocated for deregulation that left the banking sector vulnerable. His admission of error regarding his free-market beliefs underscores the lasting impact of his tenure on the economy.

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Published 23 Jun 2026, 09:00 UTC · Updated 23 Jun 2026, 09:30 UTC

Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections