Truthdig - Tag - Economix

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Trending: chris hedges economy elizabeth warren politics robert scheer

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Tag: Economix

Image from "Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures"

Understanding Economics in Plain English

By Thomas Hedges, Center for Study of Responsive Law —

Fedspeak, vague and convoluted answers to economic questions, was popularized by Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006. It allowed him to essentially say “no comment” without admitting that he was avoiding questions.