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2008-04-14 — financialsense.com
“…I have been surprised by the fierceness of investors in retrenching from risk since August. My view of the range of dispersion of outcomes has been shaken, but not my judgment that free competitive markets are by far the unrivaled way to organize economies. We have tried regulation ranging from heavy to central planning. None meaningfully worked. Do we wish to retest the evidence?†Alan Greenspan
No Mr. Greenspan, Fed Meddling Is All The ‘Evidence’ Required
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