Greenspan who never misses an opportunity to talk and be wrong is at it again. This time warning against high inflation and it’s impact. Once again, he is disconnected from reality and completely wrong! The only problem is that some fools still listen to him and that causes even more damages! In 2007 he had no clue what damage the derivatives were causing! He talks despite the fact that he was named #1 “Top 25 People to Blame for the Financial Crisis.” Time Magazine Article His predictions are out of touch! On October 1, 2007, just before the great collapse, Alan Greenspan said: “U.S. recession chances less than 50/50.” Reuters Article Time for him to stop talking!
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