Quotations
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Alan Greenspan Quotes
«[T]he currency depreciation that we have experienced of late should eventually help to contain our current account deficit as foreign producers export less to the United States. On the other side of the ledger, the current account should improve as U.S. firms find the export market more receptive.»
Author: Alan Greenspan
«we may be governors of the Federal Reserve but we are also citizens of this country.»
Author: Alan Greenspan
«The probability of an unwelcome substantial fall in inflation over the next few quarters, though minor, exceeds that of a pickup in inflation.»
Author: Alan Greenspan
«I fear that the failure to expense stock option grants has introduced a significant distortion in reported earnings,»
Author: Alan Greenspan
«On balance, the recovery in spending on business fixed investment is likely to be only gradual; in particular, its growth will doubtless be less frenetic than in 1999 and early 2000,»
Author: Alan Greenspan
«The trend of existing home sales has been relatively flat at a reasonable high level for quite a long period of time, and if we can maintain that we are doing well,»
Author: Alan Greenspan
«What it suggests is that, if you smooth through the noise in the data, we are getting increasing confirmation that something fundamentally important did happen in the latter half of the 1990s, and it gives us some confidence looking into the future,»
Author: Alan Greenspan
«The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed,»
Author: Alan Greenspan
«The economy is turning, and credit comes in with a lag, ... To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.»
Author: Alan Greenspan
«I don't think we did pop the bubble. We did raise interest rates in 1999, and the reason we did that is that real long-term rates were beginning to rise because the economy was beginning to accelerate,»
Author: Alan Greenspan