Quotations
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Alan Greenspan Quotes
«With real energy prices on the rise, more rapid decreases in the intensity of energy use in the years ahead seem virtually inevitable,»
Author: Alan Greenspan
«A continuation of this trend would soon make the lack of refining capacity a binding constraint on growth in oil use, ... lagging.»
Author: Alan Greenspan
«will undoubtedly be a drag from now on.»
Author: Alan Greenspan
«My basic concern, ... is that, if we are forced to implement a very significant unilateral tariff, the dangers to the overall international financial system, in my judgment, are very large.»
Author: Alan Greenspan
«[On whether recent gains in housing prices have produce a] bubble, ... we certainly cannot rule out home price declines, especially in some local markets, these declines, were they to occur, likely would not have substantial macroeconomic implications.»
Author: Alan Greenspan
«The Federal Reserve has been unable to find any credible purpose for the huge balance sheets built by Fannie and Freddie other than the creation of profit through the exploitation of the market-granted subsidy,»
Author: Alan Greenspan
«is on an unsustainable path, in which large deficits result in rising interest rates and ever-growing interest payments that augment deficits in future years.»
Author: Alan Greenspan
«when we are at neutral, we will know it.»
Author: Alan Greenspan
«The word 'measured' is more of a plan than a pledge,»
Author: Alan Greenspan
«history cautions that investors' anticipations of the cumulative magnitude of policy actions and their timing under such circumstances are far from perfect.»
Author: Alan Greenspan