Ben Carson: Uhhh...Alan Greenspan?

The video explores the history of the Federal Reserve, focusing on Alan Greenspan's tenure as Fed Chairman. It highlights his efforts to control inflation and the continuation of his policies. The discussion also critiques the long-term strategy of money manipulation and printing. The video concludes by examining the implications of the U.S. national debt and its status as the world's reserve currency.

Who is mentioned as a legendary figure in the history of the Federal Reserve?

• Alan Greenspan

• Janet Yellen

• Ben Bernanke

• Jerome Powell

What was one of the key achievements of Alan Greenspan during his tenure?

• Reducing unemployment

• Decreasing national debt

• Controlling inflation

• Increasing interest rates

What is a potential downside of manipulating money markets and printing money?

• Short-term economic growth

• Decreased inflation

• Long-term economic instability

• Increased foreign investment

Why is the U.S. able to sustain a high national debt?

• Due to foreign aid

• Because of low interest rates

• Because of its ability to print money

• Due to high tax revenues

What question is raised about the U.S. monetary policy in the video?

• What if the U.S. reduced spending?

• What if the U.S. increased taxes?

• What if the U.S. lost its reserve currency status?

• What if the U.S. had a balanced budget?