Greenspan may be correct this time but that doesn’t change the fact he kept rates too accomodative for too long helping to lead to the crash of 08. He isn’t the brightest bulb out there.
Well, I'd say he, as Andrea Mitchell's husband, surely is not.
Actually, Sir Alan wasn't a 'low-rate' guy. In fact, it was his hiking 'em up from 1% to 5% right before he left that was a big factor in the big crisis that began the following year. It's true there's a big list of goofy things Sir Alan did (like his war on Y2K) but low rates wasn't on it.