“While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.”

—  Alan Greenspan

October 19, 2004 http://www.federalreserve.gov/boarddocs/speeches/2004/20041019/default.htm, playing down the threat of a national housing bubble.
2000s

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Alan Greenspan 51
13th Chairman of the Federal Reserve in the United States 1926

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