Please wake me up

This can't be happening, this is a quote from xxxx (name will be revealed later)when he gave an interview to the FT ( financial times)

Mr xxxx is more certain than ever before that central banks should not try to burst bubbles once they begin to inflate. “I am coming to the conclusion that bubbles are inevitable,” he says. “Human beings cannot avoid them . . . They cannot learn.”

You would think this quote would come from some economy professor who forecasted the housing and the dotcon/m bubble.

But hell NO, these are the words of the person who inflated the 2 biggest bubbles of the last 2 decades. Mr Bubble himself, Alan Greenspan. He inflated the internet and nasdaq bubble in '99-'00 and by lowering interest for 17 consecutive times he inflated the housingbubble.

If he had any dignity it would sound more like:

“I am coming to the conclusion that the FED inflates bubbles.” he says. “The FED can avoid them but they won't because they are run by monkeys and don't understand the basic market principles of supply and demand . . . The FED cannot learn.”

Link to the article.

Not everthing he does is bad, this is a quote from his book that was released today:
“I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”
As to be expected that book or this quote didn't receive a lot of good comments by the "free" US press.