Quotations
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Alan Greenspan Quotes
«The extent and pace of recovery of Asian economies currently experiencing a severe downturn will have important ramifications for prices of energy and other commodities, the strength of the dollar, and competitive conditions on world product markets,»
Author: Alan Greenspan
«I think that the market is ultimately driven by real forces, ... Once you get a decline started, it's not clear whether people use that as a reason to sell or buy.»
Author: Alan Greenspan
«The evidence we have to date as of yet shows no evidence of stabilization,»
Author: Alan Greenspan
«The recent data still exhibit deterioration, ... The question of most fundamental importance is how long will that continue and where will it spread, and where will the stampede of buffalo stamp all over us before we can stem this.»
Author: Alan Greenspan
«The very few times which we have intervened have occurred, ... when we believe the markets are unstable and that intervention might have an impact.»
Author: Alan Greenspan
«We ought to be more concerned with the emergence of inflation than with temporary economic weakness.»
Author: Alan Greenspan
«I can safely say there is no endeavor to coordinate an interest rate cut,»
Author: Alan Greenspan
«We are seeing the first signs of erosion at the edges, especially in manufacturing. That's a signal that the effects of East Asia and Russia on our financial system are increasingly a factor.»
Author: Alan Greenspan
«I do think that we have to bring the existing instability to a level of stability reasonably shortly to prevent the contagion from really spilling over and creating some very significant kinds of problems for all of us.»
Author: Alan Greenspan
«As I indicated several weeks ago to a university audience, ... it is just not credible that the United States, or for that matter Europe, can remain an oasis of prosperity unaffected by a world that is experiencing greatly increased stress.»
Author: Alan Greenspan