Maestro: Greenspan's Fed and the American Boom

Maestro: Greenspan

Chairman Alan Greenspan convenes a small committee to set the short-term interest rate that can move through the American and world economies like an electric jolt. As much as any, the committee's actions determine the economic well-being of every American. The availability of money for business or consumer loans, mortgages, job creation and overall national economic growth all flows from those decisions.

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