I'm a bit off the Tyhee topic so please disregard this post if looking for something topical Tyhee. It just made me buy more Tyhee.

Guess who made this ingenious statement and when?

"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default".

Hint: He also once said this in 2007:

""We have at this particular stage a fiat money which is essentially money printed by a government and it’s usually a central bank which is authorized to do so. Some mechanism has got to be in place that restricts the amount of money which is produced, either a gold standard or a currency board, because unless you do that all of history suggest that inflation will take hold with very deleterious effects on economic activity… There are numbers of us, myself included, who strongly believe that we did very well in the 1870 to 1914 period with an international gold standard."

In 2002 SmartMoney's Donald Luskin in a 2002 interview of Ron Paul, he told Luskin the story of his owning an original copy of "Gold and Economic Freedom," and asking Greenspan to sign it. While doing so, Paul asked him if he still believed what he wrote in that essay some 40 years ago. That tract, written during Greenspan's days as a devotee of Ayn Rand, is a strongly worded, no-holds-barred attack on fiat money and the central banks as an engine of the welfare state. It also endorses the gold standard as a deterrent to politicians' penchant for running deficits and printing money. Greenspan -- enigmatic as ever -- responded that he "wouldn't change a single word."

He should stay retired until his mind goes back to 40 years ago.

PS: The correct answer is: Greenspan made this statement yesterday. http://www.cnbc.com/id/44051683