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Greenspan's Legacy and the Fed
Description
Alan Greenspan, the legendary Federal Reserve chair who shaped America’s economy for nearly two decades, has died at 100. Known as “the maestro” and “the oracle,” he guided the nation through historic crises—from the 1987 crash to the 9/11 aftermath—and coined the term “irrational exuberance.” While celebrated for his economic insight, his legacy is also debated, especially regarding deregulation’s role in the 2008 financial meltdown. Beyond his towering intellect, he was a devoted husband who loved baseball, tennis, and jazz.
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