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Greenspan Built a Fed-and a Myth

Newsweek US

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July 10-17, 2026 (Double Issue)

Alan Greenspan's death at 100 marks the end of a central banking era-and a moment to decide what is worth carrying forward.

Greenspan Built a Fed-and a Myth

Admirers remember the "God in the machine" of American finance, who tamed inflation, steadied markets after the 1987 crash and presided over the long, low-volatility stretch known as the Great Moderation.

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