This was the same Greenspan who in 1996 warned of “irrational exuberance” and, then, as Fed chairman, did nothing to check it. Both the phrase and his lack of action make sense in the light of his (now shattered) intellectual system.
正是这一格林斯潘在1996年对“非理性繁荣”发出了警告。而且，当时作为美联储主席，他却对此听之任之。他的言论以及无动于衷在其目前垮掉的智识系统背景下都是符合逻辑的。