TL;DR Summary:
- Greenspan never said this. Prof. Noam Chomsky said this quote to illustrate what he thought of Greenspan.
- HOW IT WORKS – This is a fake “Appeal to Authority” using one’s thoughts on Greenspan as leverage.
- The poster asserts that Greenspan said this and readers want to believe it is true, therefore, it must be true!
Methods: Appeal to authority, Assertion (of false quote), transference
Goal: To associate or “transfer” dislike of bankers to Republicans.
Scorecard: Successful as propaganda. This item has been widely shared online.