Quote - Alan Greenspan

As Alan Greenspan comes out defending his policies while blaming capitalism and the savings rate in China, lets reflect on what he said in regard to the stock market crash of 1929:

"The excess credit which the Fed pumped into the economy spilled over into the stock market -- triggering a fantastic speculative boom."

I took this from LewRockwell.com. The quote was taken from Ayn Rand's 1966 book Capitalism: The Unknown Ideal.