Alan Greenspan Quotes


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Romania had a mediocre small arms manufactureing capability but their weapons were not in great demand by governments around the world. However, there were illegal insurgent groups in many countries who would pay hard currency for arms that would b smuggled into various countries. Governments like Romania were not supposed to sell to these groups, but Romania did.


Alan Greenspan
Alan Greenspan
  • Born: March 6, 1926
  • Nationality: American
  • Profession: Economist

Alan Greenspan is an American economist who served five terms as the 13th Chair of the Federal Reserve of the United States from 1987 to 2006. He works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position (behind William McChesney Martin).