Quotations
Famous Quotations
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Alan Greenspan Quotes
«Lower equity prices and higher financing costs should damp household and business spending, and greater uncertainty and risk aversion may also lead to more cautious spending behavior,»
Author: Alan Greenspan
«The Federal Reserve Bank of New York's efforts were designed solely to enhance the probability of an orderly private-sector adjustment, ... No Federal Reserve funds were put at risk, no promises were made by the Federal Reserve and no individual firms were pressured to participate.»
Author: Alan Greenspan
«rare occasion, warranted because of the potential for serious disruptions to markets.»
Author: Alan Greenspan
«Notwithstanding the demonstrable advantages of the new international financial system, the Mexican financial breakdown in late 1994 and, of course, the most recent episodes in East Asia and elsewhere, have raised questions about the inherent stability of this new system,»
Author: Alan Greenspan
«I find it difficult to find rational arguments for that particular initiative,»
Author: Alan Greenspan
«The level of equity prices would appear to envision substantially greater growth of profits than has been experienced of late,»
Author: Alan Greenspan
«The ratio of the number of workers contributing to social security to the number of beneficiaries has declined to the point where maintaining the annuity value of benefits on retirement at a level well in excess of accumulated contributions has become extremely unlikely.»
Author: Alan Greenspan
«Investing a portion of the Social Security trust fund assets in equities as the administration and others have proposed would arguably put at risk the efficiency of our capital markets and, thus, our economy,»
Author: Alan Greenspan
«investing Social Security trust fund assets in equities compromises the efficient allocation of our capital -- which?is so essential to raising our standards of living.»
Author: Alan Greenspan
«our current pay-as-you-go Social Security system unsustainable.»
Author: Alan Greenspan