1944 Bretton Woods - 1960s LBJ overspending for Vietnam - 1971 Nixon turned USD to floating fiat currency - “Great Inflation” - 1979 Paul Volcker appointed to raise rates - 1987 Greenspan appointed - soft landing for 1987 stock market crash - LTCM Greenspan Put cleaned up the mess but not the root of the problem - Bernanke continued bailout and QE
echo
2020-11-26 09:29:49