Ann Wroe
speaker
865 appearances
15 recordings
2 series
first heard May 2026
last heard 21 Aug
Ann Wroe’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 15 in all, peaking in Jul 2026 with 6.
Appearances
He was actually becoming a friend of a thinker called Ayn Rand, who had completely different ideas, who thought the economy should not be interfered with by the government too much.
It should be left to its own devices, and what was most important was that the free will of the individual.
And this friendship gradually led Alan Greenspan towards the Republican Party.
He wasn't really a political creature much at this stage, but obviously his philosophy was aligning with that one.
Because he had become a sort of Republican, he joined Gerald Ford and actually became the chairman of his council of economic advisers, advising the president on what to do economically which suited him very nicely.
It was actually Ronald Reagan who gave him the plumb job in his life, which was to be the chairman of the Fed.
This made him immediately the most important economic figure in the world.
And he was extremely aware of his own importance and the Fed's importance, which meant that he would always defend the Fed against any sort of political interference.
The central bank system absolutely had to keep its independence from the politicians.
That was easier said than done because politicians always wanted easy money, or they wanted him to lower rates.
Well they wanted him to raise rates for various political reasons.
But he held his own and in fact he insisted that President should take his advice.
He consulted weekly with presidents and the Treasury Secretary just to put forward his idea for how the economy ought to be managed, and of course he was always going according to the data and the numbers and not in order to please the electorate in any way.
When Reagan appointed him, he got off to a rather rocky start 'cause only two months into the job, on October the nineteenth, nineteen eighty seven.
Came Black Monday.
When the stock market crashed and lost twenty percent of its value in a single day, the worst crash had ever been.
In a single day.
He managed to handle it.
And he suggested to the government that it ought to cut the deficit and that that would inspire.
Confidence in the economy.
Showing 681–700 of 865 · page 35 of 44
← Previous
Next →