On January 7, The Wall Street Journal conducted an interview of Alan Greenspan.
I found a few aspects of this interview to be interesting. Perhaps most notable was the following comment by Greenspan, seen at the 13:58 mark:
“…the primary purpose of a central bank is to protect the value of the currency…”
I will likely reference this quote in a subsequent post(s)…
A Special Note concerning our economic situation is found here
SPX at 1304.03 as this post is written