nami on Nostr: Greenspan did not intervene in the market, his job was exactly that, because he ...

Greenspan did not intervene in the market, his job was exactly that, because he believed what you said. That free markets will self regulate-correct themselves. It is all recorded. Not a subject of definition.
It is like what communists say, that we never had true communism and that the state will selfextinguish to give its place to true communism.
As possible it is for the state, the priviledged bureaucratic class called nomenclature, to give up its priviledges and selfextingt, that possible also is the markets to give up the profit they can grab and selfregulate.