Alan Greenspan: QE Failed To Help The Economy, The Unwind Will Be Painful, “Buy Gold”

from ZeroHedge:

It appears it is time for some Hillary-Clinton-esque backtracking and Liesman-esque translation of just what the former Federal Reserve Chief really meant. As The Wall Street Journal reports, the Fed chief from 1987 to 2006 says the Fed’s bond-buying program fell short of its goals, and had a lot more to add.

Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.

Read More @ ZeroHedge.com

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