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 格林斯潘明&美国经济(ZT) |
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History will not be kind to AG, IMHO, -- Theme - (128 Byte) 2006-1-31 周二, 08:12 (427 reads) |
PHM
头衔: 海归中校
声望: 学员
加入时间: 2004/04/04
文章: 326
海归分: 53001
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作者：PHM 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
great Fed chief, the greates to date in many people's mind. His pro-active approach using interest rate policy has been very effective most of the time.
Yes, he has his critics. He went overboard in late 1999/early 2000 in tightening the rate, which hurt the bond mkt and subsequently the equity mkt as well. That's prob the reason the biggest bond manager, Pimco's Bill Gross, is still harsh on him. Over all, his polilcy helped significantly toward 18yrs of good economic progress. We experienced some real paradigm shift in the economy during that period. When he started on the post, Japan was nearly on par with US in economic power and superior in their manufacturing productivity, where is it now?
作者：PHM 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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