Quotations
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Alan Greenspan Quotes
«We should not be cutting taxes by borrowing, ... We do not have the capability of having both productive tax cuts and large expenditure increases, and presume that the deficit doesn't matter.»
Author: Alan Greenspan
«We should not be cutting taxes by borrowing,»
Author: Alan Greenspan
«Concentration and other risks in holding dollar balances seem to have become a consideration at least for some investors,»
Author: Alan Greenspan
«Although I doubt that the U.S. dollar will lose its status as the world's reserve currency any time soon, there are in my judgment lessons to be learned from the experience of (Britain's currency) as it faded as the world's dominant currency,»
Author: Alan Greenspan
«One may aspire to succeed Chairman Greenspan, but it will not be possible to replace him.»
Author: Alan Greenspan
«the right starting point ... is where we are.»
Author: Alan Greenspan
«What they perceive as newly abundant [cash] can readily disappear,»
Author: Alan Greenspan
«Over the past decade, the U.S. economy has benefited from a remarkable acceleration of productivity. But experience suggests that such rapid advances are unlikely to be maintained in an economy that has reached the cutting edge of technology.»
Author: Alan Greenspan
«If we can maintain an adequate degree of flexibility, some of America 's economic imbalances, most notably the large current account deficit and the housing boom, can be rectified by adjustments in prices, interest rates, and exchange rates rather than through more-wrenching changes in output, incomes, and employment.»
Author: Alan Greenspan
«The growing stability of the world economy over the past decade may have encouraged investors to accept increasingly lower levels of compensation for risk.»
Author: Alan Greenspan