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By Ned Sublette $16.47
Image from "Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures"
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.
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