Time for Greenspan to go (way past time!)...the economy will be struggling with $45 crude prices. Does this guy live in the real world. Huge jump in crude prices will knock most industries for a loop, especially chemicals, drugs and plastics. Let alone the trucking industry. There needs to be an age limit for the Head of the Fed.
Grandpa Al isn't senile or stupid...he's crazy.
Fundamentally, he believes in free markets, but he also believes prices must never go down.