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Date
Summary
Greenspan: Our $1 Trillion Deficit Should Be ‘Scaring Everybody’ into ‘Panic To Do Something’
Subjects
Source
Nicholas Ballasy
Name: Nicholas Ballasy
URL: http://nickballasy.com/
Show
–
Persons
Alan Greenspan
Name: Alan Greenspan
Employment: Greenspan Associates LLC
Position: Principal
Event
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Uploaded
03/18/2019 01:05 pm
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Video
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MP4 (1920x1080)
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Duration
0:02:19
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3
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Transcript
[excerpt GREENSPAN We are ░░░░░░░░ to run a 1 ░░░░░░░░ deficit and a trillion ░░░░░░░░ deficit should be scaring ░░░░░░░░ who is in the ░░░░░░░░ system into panic to ░░░░░░░░ something The answer is ░░░░░░░░ political system does not ░░░░░░░░ at the data on ░░░░░░░░ size of the deficit ░░░░░░░░ talk about it they ░░░░░░░░ everything they want to ░░░░░░░░ but they never act ░░░░░░░░ occurs only if and ░░░░░░░░ that very extraordinary increase ░░░░░░░░ the federal debt unfunded ░░░░░░░░ to create inflation There ░░░░░░░░ no history in Western ░░░░░░░░ where you could expand ░░░░░░░░ money supply as much ░░░░░░░░ it s going to ░░░░░░░░ necessary to fund this ░░░░░░░░ without engendering inflation.”
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