Greenspan’s Dose of Realism
Posted on November 17, 2012 at 16:35 PM EST
Former Fed chairman, Alan Greenspan, dishes out some real gems to CNN’s Ali Veshi on the fiscal cliff and the country’s current economic situation, in general. He almost sounds like the inflation slaying Paul Volcker. Rather than inflation this time, it’s runaway government spending. Greenie says that a small recession may be worth the price [...]