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"It would be better to have a large Treasury debt outstanding so that those of us who deal in the financial markets have easy benchmarks and easy means of pricing and of funding," he told senators in February.
In testimony before the Senate Banking Committee, Mr. Greenspan said that all things being equal, there was no doubt that "it would be better to have a large Treasury debt outstanding so that those of us who deal in the financial markets have easy benchmarks and easy means of pricing and of funding".
Mr. Greenspan said that there was no doubt that other things being equal, "it would be better to have a large Treasury debt outstanding so that those of us who deal in the financial markets have easy benchmarks and easy means of pricing and of funding," he said in answer to a question as he testified before the Senate Banking Committee.
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The large Senate hearing room fell silent.
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It is also part of the city's large Museum Reserve.
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