Mises Wire
Author:
Jeffrey M. Herbener
Online Publish Date:
February 27, 2004 Isn’t it shameful enough for Alan Greenspan that his recklessly expansionary monetary policy to keep financial markets afloat has, by pushing interest rates to historically low levels, inexorably led to the much lamented over-indebtedness in the economy? Now the long suffering American taxpayer, saver-investor, and homeowner must