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Letter "A" » Alan Greenspan Quotes


«The problem that exists here is that unless we can close the gap between supply and demand by accelerating productivity, which we are doing in part, then the prosperity that everyone is experiencing would be put in great jeopardy,»
«It is much too soon to conclude that these concerns are behind us,»
«Let me say this anyway on the record: We do not and have not been targeting stock prices for the purposes of endeavoring to stabilize this economy, ... We react if and when stock market price changes impact on the economy. We respond to the economy.»
«It is possible to get markets which are too tight, which create inflationary imbalances and ultimately undercut the recovery,»
«...In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending,»
«I'm not going to comment on anybody's particular tax cut or structure of it,»
«the amount of rate cuts required to revive the economy will not be deep.»
«very close to zero.»
«We have obviously specified implicitly that we prefer to act within our scheduled meetings, ... But we have also shown over the years that when we perceive that actions are required between meetings we have never hesitated to move.»
«We should not be cutting taxes by borrowing, ... We should be cutting taxes by reducing the level of spending and that's an issue that I think is critically on the table.»

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