Greenspan in WSJ: U.S. Debt and the Greece Analogy
June 18, 2010 at 11:21 AM EDT
History will not be kind to the former Fed Chairman with regard to his understanding of monetary operations. He understands solvency is not an issues which does seem to put him ahead of most. But he lacks a critical understanding of interest rate determination, particularly with regard to how the entire term structure of risk [...]