They can't say anything they like, because people take it literally.
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Greenspan, in a very unwise left-brain way, imputed pure rationality to markets ... And you know, they're just as rational and just as efficient as the people who operate in them.
We're going to have a massive undertaking in the new year ... Whoever wins the [U.S. presidential] election, I think both sides of aisle [both political parties] recognize that we have to step back. A 1930s regulatory apparatus doesn't work in the 21st century.