Eurodollar University cover image

We really need to talk about "inflation", as Alan Greenspan was trying to way back in '96.

Eurodollar University

00:00

EuroDollar University - What Alan Greenspan Was Saying in 1996

Alan Greenspan was talking about the impact of the EuroDollar evolution on money more generally, more broadly. What economists and central bankers found in the early 1990s was that the velocity of M2 in particular was behaving wonky. The economy wasn't experiencing anything like what M2 suggested. When he was saying irrational exuberance, he was talking not just about stocks but also the entire US and global economy.

Play episode from 02:28
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app