So now Greenspan is shocked that a completely unregulated market leads to irrational speculation and abuse.
At the core of the theory capitalism is the idea that selfish people thinking only of themselves are what make the system work.*
If you had ever gotten your head far enough out of Ayn Rand’s long dead festering ass, you would have noticed that there were dozens, if not hundreds, of people you worked with who told you that this was going to happen.
You sir, are not a tool, because a tool has a use.
*Yes, I am paraphrasing Keynes.