Alan Greenspan was caught today, by a television camera, entering the Marriner S. Eccles Federal Reserve Board Building on Constitution Ave in Washington D.C., reports John Carney.
This, it should be noted, is day two of the Fed's two day monetary policy deliberations. So has Bernanke called in the maestro for some money printing advice?
According to the Fed, Greenspan was only at the Fed for a haircut. The Fed has it's own barbershop and Greenspan continues to have access to it. It's a perk of being a one time money printer.
I wonder what other perks the money printers have given to themselves. I'm sure the Fed cafeteria must be like a daily Roman feast. Is it any surprise these guys take food out of the core inflation indexes? Who pays for food anymore besides us middle class saps? LBJ's great grand kids all have food stamps and Bernanke is likely having grapes dropped into his mouth marked to the pace of Jaclyn Haydamacha singing the lyrics, Get me some money, too