Former Federal Reserve Chairman Alan Greenspan passed away at the age of 100. "He could instantly lift the stock market to heaven, or send it to hell."

Alan Greenspan, former chairman of the Federal Reserve, passed away on the 22nd due to complications from Parkinson's disease at the age of 100. During his tenure, the Fed informally established a 2% inflation target for the first time, a decision that had a profound impact on modern monetary policy. The Washington Post once wrote in a column, "With just a few words, he could instantly send the stock market soaring to heaven, or plunge it into hell."