In financial markets, they call it 'the Greenspan .....' - a belief that if stock or bond prices fall too much, the FRB will help prop them up with quick interest rate cuts to pump more cash into the system; but this confidence is a worrisome legacy after his nearly 18 years helping to steer the economy.

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In financial markets, they call it 'the Greenspan .....' - a belief that if stock or bond prices fall too much, the FRB will help prop them up with quick interest rate cuts to pump more cash into the system; but this confidence is a worrisome legacy after his nearly 18 years helping to steer the economy. (*) call (*) hedge (*) option (*) put

This is a companion discussion topic for the original entry at https://english.best/questions/9055,in-financial-markets-they-call-it-the-greenspan-___-a-belief-that-if-stock-or-bond-prices-fall-too-much-the-frb-will-help-prop-them-up-with-quick-interest-rate-cuts-to-pump-more-cash-into-the-system-but-this-confidence-is-a-worrisome-legacy-after-his-nearly-18-years-helping-to-steer-the-economy/