The former Fed chief told CNBC Friday that the Fed’s policy to boost liquidity is helping stock values. “I think we are underestimating. . .how important asset prices, very specifically equity prices, are not only to shareholders but the economy as a whole,” he said.
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Greenspan: Rising Stock Markets Are Key to Recovery originally appeared on DailyFinance on Fri, 03 Dec 2010 09:20:00.