Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy

Ravi Batra

Ara 2014 · Satıcı: St. Martin's Press

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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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Ravi Batra is author of six international bestsellers two of which were New York Times bestsellers, including The Great Depression of 1990. He has appeared on NBC, CNN, ABC, and CNBC and has been profiled in The New York Times, Time, Newsweek and many more. He is professor of economics, Southern Methodist University, Dallas.