MoneyWeek roundup: The biggest financial fraud in history

John Stepek rounds up the week's best insights from the MoneyWeek team, including: the biggest financial fraud in history; the comic genius of Alan Greenspan; and China's inflation worries.

John Stepek highlights some of the best bits from our free emails, newsletters, blog and MoneyWeek magazine that we've published in the past week.

Alan Greenspan gave us the biggest laugh of the week when he accused the US of pursuing a weak dollar policy in the pages of the Financial Times. The ex-chairman of the Federal Reserve has probably done more than any human being in history to destroy the value of the US currency.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.