Allan Meltzer
Allan Meltzer
Allan H. Meltzeris an American economist and professor of Political Economy at Carnegie Mellon University's Tepper School of Business and Institute for Politics and Strategy in Pittsburgh, Pennsylvania. He was born in 1928 Boston, Massachusetts to a Jewish family. Meltzer specializes on studying monetary policy and the US Federal Reserve System, and has authored several academic papers and books on the development and applications of monetary policy, and about the history of central banking in the US...
credible crisis fortune good greenspan handled lost market months time within
They'll want to see him tested. Greenspan had, in a sense, the good fortune that there was a crisis (Black Monday, Oct. 19, when the Dow lost more than 20%) within the two months of the time he acceded to the chairmanship, and he handled the crisis very well. That established him in the market as a credible chairman.
credible crisis fortune good greenspan handled lost market months time within
They'll want to see him tested, ... Greenspan had, in a sense, the good fortune that there was a crisis (Black Monday, Oct. 19, when the Dow lost more than 20%) within the two months of the time he acceded to the chairmanship, and he handled the crisis very well. That established him in the market as a credible chairman.