“Rising interest rates have been advertised for so long and in so many places that anyone who has not appropriately hedged this position by now obviously is desirous of losing money.”

— Alan Greenspan

Novermber 2004 in a speech in Frankfurt.
2000s

Adopted from Wikiquote. Last update June 3, 2021. History

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Alan Greenspan 51

13th Chairman of the Federal Reserve in the United States 1926

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“Rising interest rates have been advertised for so long and in so many places that anyone who has not appropriately hedged this position by now obviously is desirous of losing money.”

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Alan Greenspan 51

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