Quotations

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Alan Greenspan Quotes

«Somewhat to my surprise, this came out as a far more robust relationship, indicating the greater the deficit, the greater the long-run interest rate,»
«Looking ahead, the consensus expectation for a pickup in economic activity is not unreasonable, though the timing and extent of that improvement continue to be uncertain,»
«Firms still appear hesitant to spend and hire, and we need to remain mindful of the possibility that lingering business caution could be an impediment to improved economic performance,»
«We're going to see some erosion in a number of macroeconomic variables»
«In these circumstances, monetary policy is able to be more patient,»
«The odds ... increasingly favor a revival in job creation,»
«Should globalization be allowed to proceed and thereby create an ever more flexible international financial system, history suggests that current imbalances will be defused with little disruption,»
«Risk and Uncertainty in Monetary Policy.»
«The imbalance in the federal budgetary situation, unless addressed soon, will pose serious longer-term fiscal difficulties,»
«Foreign investors, both private and official, may become less willing to absorb ever-growing claims on U.S. residents,»