Mises Daily
Author:
Sean Corrigan
Online Publish Date:
Recent days have seen eerie parallels to the late Summer of 1987, when one Alan Greenspan – viewed then with suspicion as a political placeman – took the helm of the Federal Reserve at a time when international tensions were high, the U.S. was in the grip of a speculative orgy of stock buying and takeover activity, and when the Greenback was