The lure of fishing, a Federal Reserve chair and Jackson Hole
- August 24, 2022
- Gary Richardson, economics, Marketplace, Aug. 24, 2022 (Audio)
Economic historian [and professor] Gary Richardson, of UC Irvine, says Jackson Hole can also be a window on the future. The 2005 conference focused on outgoing Fed Chair Alan Greenspan’s legacy, with an early warning that years of low interest rates were creating a housing bubble. “’Cause 2005 is very close to the peak of the boom and people are saying – well, there could be this dark cloud looming on the horizon,” Richardson said.
For the full story, please visit https://www.marketplace.org/2022/08/24/the-lure-of-fishing-a-federal-reserve-chair-and-jackson-hole/.
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