Alan Greenspan has died
Points and comments are a snapshot, not live.
Alan Greenspan has died at age 100, ending a complex legacy as Federal Reserve chair.
Greenspan, chairman of the Federal Reserve for over 18 years, died June 22 at 100. He spurred prosperity but his decisions also contributed to the 2008 financial crisis, according to the Washington Post obituary by Neil Irwin.
What commenters are saying
Commenters split sharply on his legacy. Critics blame Greenspan for the 2008 crisis: he campaigned against derivatives regulation, kept rates too low, and enabled the 'Greenspan put.' Supporters note two decades of growth and argue the Fed doesn't control lending standards. Some thread participants highlight his gold standard advocacy and contrast his approach with East Asian or Chinese regulatory lessons.