Alan Greenspan Quotes


144 Alan Greenspan quotes:



"[Bush said his choice as the nation's new central banker] commands deep respect in the financial community. ... has shepherded our economy through its highs and its lows."
Author: Greenspan Quotes Category: Choice Quotes
"hesitancy to face up to the difficult choices that will be required to resolve our looming fiscal problems."
Author: Greenspan Quotes Category: Choice Quotes
"There are no easy choices. Easy choices are long gone,"
Author: Greenspan Quotes Category: Choice Quotes
"In these circumstances, monetary policy is able to be more patient,"
"At present, the Social Security trustees estimate that the unfunded liability over the indefinite future to be $10.4 trillion, ... The shortfall in Medicare is calculated at several multiples of the one in Social Security."
Author: Greenspan Quotes Category: Future Quotes
"History has not dealt kindly"
Author: Greenspan Quotes Category: History Quotes
"He has been one of the most effective secretaries of the Treasury in this nation's history,"
Author: Greenspan Quotes Category: History Quotes
"signs of froth in some local markets where home prices seem to have risen to unsustainable levels."
Author: Greenspan Quotes Category: Home Quotes
"[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: Greenspan Quotes Category: Home Quotes
"Although we cannot rule out home-price declines,"
Author: Greenspan Quotes Category: Home Quotes
"Emperors and armies come and go, ... but unless they leave new ideas in their wake, they are of passing historic consequence. The short list of intellectuals who have materially advanced the betterment of civilization unquestionably includes Adam Smith."
Author: Greenspan Quotes Category: Ideas Quotes
"Today, economic value is best symbolized by exceedingly complex, miniaturized integrated circuits and the ideas -- the software -- that utilize them, ... Most of what we currently perceive as value and wealth is intellectual and impalpable."
Author: Greenspan Quotes Category: Ideas Quotes
"Through most of last year's slowdown, in contrast to the usual pattern, the household sector was a major stabilizing force, ... As a consequence, although household spending should continue to trend up, the potential for significant acceleration in activity in this sector is more limited."
Author: Greenspan Quotes Category: Force Quotes
"We owe it to those who will retire over the next couple of decades to promise only what the government can deliver,"
"Indeed only such highly liquid portfolios would be consistent with (government-sponsored enterprises') mission of providing primary mortgage market liquidity during a crisis, particularly a financial crisis,"
"one of the most successful government agencies in history."
"There's an awful lot of information"
"With production running well below sales, the lift to income and spending from the inevitable cessation of inventory liquidation could be significant,"
Author: Greenspan Quotes Category: Income Quotes
"As the value of assets and liabilities have risen relative to income, we have been confronted with the potential for our economies to exhibit larger and perhaps more abrupt responses to changes in factors affecting the balance sheets of households and businesses,"
Author: Greenspan Quotes Category: Income Quotes
"The current economic performance, with its combination of strong growth and low inflation, is as impressive as any I have witnessed in my near half-century of daily observation of the American economy,"
Author: Greenspan Quotes Category: Growth Quotes



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