Alan Greenspan, who chaired the Federal Reserve under four U.S. presidents, died Monday at 100. In 1996, Greenspan warned about what he called "irrational exuberance." CBS News chief Washington correspondent Major Garrett explains how the phrase is exemplified in today's politics.
Alan Greenspan, who chaired the Federal Reserve under four U.S. presidents, died Monday at 100. In 1996, Greenspan warned about what he called "irrational exuberance." CBS News chief Washington correspondent Major Garrett explains how the phrase is exemplified in today's politics.
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