
Greenspan's Fraud
Description
For two decades Federal Reserve Chairman Alan Greenspan has held reign over economic policy, outlasting three presidents. His long tenure has had a profound effect on global economics and on individuals. In this hard-hitting exposé, international bestselling author Ravi Batra takes sharp aim at Greenspan's policies since he came into power. Greenomics, Batra argues, has extracted trillions of dollars from the American middle class and sharply benefited the rich, while protecting big business. Batra proves that Greenomics has also been responsible for periods of irrational exuberance, and exposes the wild inconsistencies in his social security plans. Greenspan's Fraud explores Greenspan's influences and motivations and the discrepancies between his words and actions, while revealing how his policies have national and global impact.
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Content
The Two Faces of Alan Greenspan * The Social Security Fraud * Greenomics: Free Profits Define Free Markets * Greenspan's Intellectual Fraud * Greenspan and the Globe * What Causes a Stock Market Bubble and Its Crash? * The Income Tax Rate and Our Living Standard * Does the Minimum Wage Create Unemployment? * Greenspan and the Galloping Trade Deficit * The Legacy of Greenomics * Economic Reform