March 16, 2013 by History in a Hurry
Greenspan Discusses the End of the Fed … What Comes Next?
By Anthony Wile
An interesting article in Forbes entitled “If Alan Greenspan Wants To ‘End The Fed’, Times Must Be Changing,” informs us that the predictions we made long ago about the Federal Reserve are coming true. The author of the article is Nathan Lewis, an economist, former strategist for institutional investors and author of a best-selling book Gold, the Once and Future Money.
Our predictions regarding the Fed were first published in May 2009, and were related to a congressional hearing that showed Fed representatives to be woefully unprepared. This was the first inkling we had that the institution itself was in perhaps terminal trouble. Here’s what we wrote at the time in an article entitled, “Beginning of the End? Fed Cannot Account for $9 Trillion”…