Federal Reserve Board Position: Chairman

Greenspan, 78, loves music and sports. He used to play saxophone in a nightclub under the Paramount Theatre in Times Square, new york. Music dream "shattered" and turned to economics. 1In August, 987, he became the chairman of the Federal Reserve. After four presidents, he has held this position four times so far. The American economy under his guidance experienced two recessions, a stock market bubble and the longest growth period in history.

Greenspan is a "god of wealth". When you sneeze, it rains. He created an economic miracle of "zero inflation" in the Clinton era. An American media said in the 1996 presidential election: "It doesn't matter who is the president, as long as Allen is the chairman of the Federal Reserve."

Although Greenspan's repeated direct intervention saved the market, it also increased the "moral hazard". Under the protection of Greenspan's "put option", investors are even more unscrupulous. Perhaps because he realized that he was too powerful, in order not to bring too much impact to the market, Greenspan's speech became more and more vague, and his famous saying came into being: "If you think you understand my speech accurately, you must have misunderstood my speech."