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2017-01-03

Do Central Bankers Know A Bubble When They See One?

From its March 2000 peak to its October 2002 bottom the NASDAQ declined 80%.

In August 2002 Greenspan gave a speech at the Fed’s conference in Jackson Hole.

Ben Bernanke, gave a speech titled, “The Great Moderation.” 

zerohedge 3 January 2017

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