Greenspan Denies Responsibility for Housing Bubble

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Alan Greenspan

Former Federal Reserve Chairman Alan Greenspan David Gilkey, NPR hide caption

toggle caption David Gilkey, NPR

Alan Greenspan, the former chairman of the Federal Reserve, insists the housing bubble had relatively little to do with him. After guiding the economy for 19 mostly prosperous years he now faces criticism for drastically lowering interest rates.

Greenspan discusses economics and his tenure at the Fed with Steve Inskeep for the Morning Edition series, The Long View, a conversation with people of long experience.

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