I think Greenspan knew the effect and did nothing acting like a lunatic – he used his power to create and watch his economic experiment.
How could this “expert” not know the outcome?
I don’t think Greenspan cares what happens to middle America. He has all his wealth and his “speech” money at about $100K a shot.
It begs the question — he and the others like those in the millionaires club that we call the Senate and Congress —
what are they REALLy experts at?