Talk:Greenspan put

This is the talk page for discussing improvements to the Greenspan put article.
This is not a forum for general discussion of the article's subject.

Put new text under old text. Click here to start a new topic.
New to Wikipedia? Welcome! Learn to edit; get help.

Article policies

Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL

Archives: 1: 365 days

Economics Low‑importance

	Business and economics portal This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.EconomicsWikipedia:WikiProject EconomicsTemplate:WikiProject EconomicsEconomics articles
Low	This article has been rated as Low-importance on the project's importance scale.

Finance & Investment Low‑importance

	This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
Low	This article has been rated as Low-importance on the project's importance scale.

Numismatics Low‑importance

	Numismatics portal This article is within the scope of WikiProject Numismatics, a collaborative effort to improve the coverage of numismatics and currencies on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.NumismaticsWikipedia:WikiProject NumismaticsTemplate:WikiProject Numismaticsnumismatic articles
Low	This article has been rated as Low-importance on the project's importance scale.

Politics: American Low‑importance

	Politics portal This article is within the scope of WikiProject Politics, a collaborative effort to improve the coverage of politics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.PoliticsWikipedia:WikiProject PoliticsTemplate:WikiProject Politicspolitics articles
Low	This article has been rated as Low-importance on the project's importance scale.
	This article is supported by American politics task force (assessed as Low-importance).

United States: Government Low‑importance

	United States portal This article is within the scope of WikiProject United States, a collaborative effort to improve the coverage of topics relating to the United States of America on Wikipedia. If you would like to participate, please visit the project page, where you can join the ongoing discussions. Template Usage Articles Requested! Become a Member Project Talk Alerts United StatesWikipedia:WikiProject United StatesTemplate:WikiProject United StatesUnited States articles
Low	This article has been rated as Low-importance on the project's importance scale.
	This article is supported by WikiProject U.S. Government (assessed as Low-importance).

Daily pageviews of this article

A graph should have been displayed here but graphs are temporarily disabled. Until they are enabled again, visit the interactive graph at pageviews.wmcloud.org

Wrong Image[edit]

In the article about macroeconomics, the main image should not be human; almost any scalable vector squiggle would be more informative than the old man's face. 80.230.56.239 (talk) 01:46, 24 September 2023 (UTC)[reply]

Did Greenspan buy MBSs while he was in charge of FED?[edit]

Hi,

I was writing an article on Greenspan and read this:

"After the collapse of the Internet bubble, Greenspan amended the tools of the Greenspan put to focus on buying mortgage-backed securities, as a method of more directly stimulating house price inflation, until that market collapsed in the Global Financial Crisis and Greenspan retired."

However, the sources that link to this claim don't say anything about Greenspan buying MBSs after the dot com bubble, and when I created a post on AskEconomists at Reddit to ask if they knew about such a strategy, no one could point to such a practice: https://www.reddit.com/r/AskEconomics/comments/13nbe51/did_greenspan_buy_mbss_while_he_was_in_charge_of/ 109.181.14.42 (talk) 14:54, 21 May 2023 (UTC)[reply]

I don't think Greenspan bought MBS directly (as Bernanke did in 2009), but per the LTCM bail-out, Greenspan lent money to Wall Street (indirect QE), for them to buy MBS (as Powell did in 2020, and as Powell is doing now in the market). 78.18.235.247 (talk) 15:18, 21 May 2023 (UTC)[reply]

Pre Bernanke and the sub-prime crisis, most of the Fed's injection of liquidity was via loans (or repos) to Wall Street, and JPM as the Fed's bank in Wall Street (e.g. the only major bank in the western world on a P/B of over 2x). 78.18.235.247 (talk) 15:20, 21 May 2023 (UTC)[reply]

Yes, there are lots of examples of Greenspan providing liquidity to US ibanks as indirect QE “, which I’m sure he did in 2002. The biggest channel was Greenspan’s explicit funding of the GSEs (Freddie Mac) to buy MBS, which was the real “put” in 2002/03. 31.187.2.189 (talk) 15:44, 21 May 2023 (UTC)[reply]