Former Chairman of the Federal Reserve: Alan Greenspan is Dead. He Just Didn't Understand Economics. What Worked in Ayn Rand's Fiction Book Failed in Real Life...

This quote stems from his testimony to Congress regarding the devastating 2008 financial crisis.

Facing heavy scrutiny over his free-market ideology and deregulation policies, the former Federal Reserve Chair stated:

"Something which looked to be a very solid edifice, and indeed a critical pillar to market competition and free markets, did break down. And I think that, as I said, shocked me. I still do not fully understand why it happened."

https://www.youtube.com/watch?v=R5lZPWNFizQ

Trillions of Dollars Lost...