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Letter "A" » Alan Greenspan Quotes


«We cannot be a central bank for others.»
«We think that coming up on a regular scheduled basis ... has been very productive, ... It requires us ... to have a structure of policy that is coherent to the Congress.»
«helped to lower risk premiums on debt and have contributed importantly to the favorable investment environment.»
«The United States is currently in its ninth year of economic expansion, an exemplary accomplishment by any standard. Growth of output has remained vigorous, unemployment is lower than it has been in nearly thirty years, and yet, despite the tautness in labor markets, there have been no obvious signs of emerging inflation pressures,»
«Derivative instruments were bystanders, ... They may well have intensified the losses in underlying markets, but they were scarcely the major players.»
«a process that has undoubtedly improved national productivity growth and standards of living.»
«smoking crater that sinks into the Pacific.»
«...most of the gains in the level and the growth rate of productivity in the United States since 1995 appear to be structural, largely driven by advances in technology and its application -- irreversible in the sense that knowledge once gained is almost never lost,»
«I am concerned about the recent evident weakening of support for free trade, ... Should we endeavor to freeze competitive progress in place, we will almost certainly slow economic growth overall.»
«An increase in inflation doggedly forecast to follow the ever lower unemployment rate--now the lowest in three decades -- has not occurred,»

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