| | In this article's excerpts, where Greenspan used the terms 'market outcomes' and 'speculative asset bubbles' all I could think of was replacing the terms with one, 'natural disasters' to see how everything he said applies to the Feds and Katrina. All they really do is 'get in the way.' Were that others saw such.
He certainly seems to be hinting that a Laissiz-Faire orientation re the economy is best.
LLAP
J:D
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