Alan Greenspan, the former chair of the Federal Reserve, has died at the age of 100.
Greenspan served as the 13th chair of the Federal Reserve from August 11, 1987, to January 31, 2006, and was an advisor to six U.S. presidents. He was known for his influence on U.S. economic policy and his association with libertarian ideals, particularly through his friendship with Ayn Rand.
His death was reported following a long career in economics and public service, during which he played a significant role in shaping monetary policy in the United States.
Greenspan's legacy is viewed as mixed, with discussions around his policies and their long-term effects on the economy continuing after his passing.
Left-leaning perspective
Right-leaning perspective
“if any single person was responsible for the financial crisis of 2008, it was Greenspan.”
“Greenspan was an extremely charming, intelligent and thoughtful man.”
“Some economic analysts allege helped to inflate the housing bubble that collapsed after his exit from the Fed.”
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