Even former Federal Reserve Chairman Alan Greenspan, once an ardent defender of deregulation and the free market, recently acknowledged that there was a 'flaw' in his belief that markets could and would regulate themselves.
Chuck Schumer: “Even former Federal Reserve Chairman Alan Greenspan, once an ardent defender of deregulation and the free market…”
On the recordFebruary 3, 2009
Source
congress.govEditor's note · Context
Schumer references Greenspan's admission of a flaw in deregulation beliefs.
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