Premium Only Content

Alan Greenspan: Free Market Trickle Down Economist Admits Big Business Reaganomics Is A Failure. Pt6
In this video, the interviewer questions Alan Greenspan, the former chairman of the Federal Reserve for 18 years who worked with four presidents, including Bush, Clinton, Bush, and Reagan, about his role in the 2008 financial crisis. The interviewer questions Greenspan's ideology of free competitive markets and how he had the authority to prevent irresponsible lending practices but didn't listen to others who advised him to do so. Greenspan believed that irrational behavior could not be predicted or analyzed. In hindsight, he thinks he made a mistake by presuming that the banks' self-interest was the best way to protect their shareholders during the crisis.
Former Federal Reserve Chairman Alan Greenspan admits to his ideology's flaws in the decision-making process, leading to negative economic consequences. He explains that everyone has an ideology necessary to exist, but its accuracy depends on its framework's accuracy in dealing with reality. Greenspan found a flaw in his doctrine, which was dominant for over 40 years, that was not working exceptionally well in retrospect. Despite legally having the authority to enact regulations, he admits to not putting them before the Federal Reserve Board, which did not reflect well on the economy.
Thanks for watching! Please Like, Comment, or Subscribe for more videos!
This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon.com
-
12:21
Bearing
2 hours agoStephen Colbert: Another UNEMPLOYED Woke Loser 🤣🦀
5084 -
1:01:14
The Finance Hub
19 hours ago $0.16 earnedI CAN'T BELIEVE WHAT JUST GOT REVEALED ABOUT PAM BONDI!!!
2161 -
LIVE
LFA TV
12 hours agoLFA TV ALL DAY STREAM - MONDAY 7/21/25
3,877 watching -
1:28:55
Chicks On The Right
4 hours agoObama's fingerprints all over Russia Hoax, WNBA makes everyone eyeroll, and AI freakiness
18.5K5 -
LIVE
DynastyXL
1 hour ago🎮 LIVE – Day 5: 7 Days to Die with Mrs Dynasty
45 watching -
LIVE
FyrBorne
4 hours ago🔴Warzone M&K Sniping: Is the LR762 The HDR Killer?
27 watching -
1:24:06
JULIE GREEN MINISTRIES
3 hours agoLIVE WITH JULIE
72.6K159 -
3:42:12
PudgeTV
4 hours ago🟠Witcher 3: The Wild Hunt Day 11 | Where TF is Ciri?
2801 -
LIVE
The Pete Santilli Show
3 days agoBREAKING: New Document Dump Proves Obama & Clinton Conspiracy To Frame President Trump! [EP4641-8AM]
864 watching -
DVR
Welcome to the Rebellion Podcast
13 hours ago $0.75 earnedOh Obama - WTTR Podcast Live 7/21
10.3K2