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GREENSPAN'S DILEMMA

机译:格林SPAN的困境

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摘要

The more confident investors are in him, the harder his job becomes Since taking office as the nation's top banker 13 years ago, Federal Reserve Chairman Alan Greenspan has managed to foster ever-stronger confidence. Through stock market crashes, global financial crises, and the emergence of a New Economy in which the old rules about growth and productivity have gone out the window, he has fine-tuned Fed policy with nary a miss.
机译:投资者对他越有信心,他的工作就越困难。自13年前就任美国最高银行家以来,美联储主席格林斯潘(Alan Greenspan)设法树立了越来越强的信心。由于股市崩盘,全球金融危机以及新经济的兴起,有关增长和生产力的旧规定已不复存在,他对美联储的政策进行了微调,而丝毫没有错过。

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