Alan Greenspan, former Chairman of the Board of Governors (a Federal agency) that oversees the privately-owned Federal Reserve System of (central) Banks, speaking at the Brookings Institution, refuses to accept responsibility for creating the housing “bubble” that led to the Greatest Depression.  Greenspan chooses to instead blame the crisis on the collapse of the Soviet Union, which led to increased worker productivity, which led to too high of a savings glut, which led to decreased interest rates, which led to an unsustainable increase in the price of housing.

       Question: Did Greenspan seriously believe the USSR collapsed because of too much free-market activity, and not enough central planning and regulation?

       [added 3/20/2021] Thanks to Freedom’s Phoenix for this entry.