Quotations
Famous Quotations
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Alan Greenspan Quotes
«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,»
Author: Alan Greenspan
«Without the needed restrictions on the size of the GSE balance sheets, we put at risk our ability to preserve safe and sound financial markets in the United States, a key ingredient of support for housing,»
Author: Alan Greenspan
«Throughout all this history, the CEA has, in most cases, provided the president with the best economic advice available at the time and has, crucially, been a consistent advocate for the importance of market forces,»
Author: Alan Greenspan
«Economic policymakers face enormous uncertainty. Economic models provide a set of useful tools to frame future outcomes, but as we were reminded repeatedly during our efforts to forecast the economy in 1974 and 1975, models can go off track in myriad ways, ... Objective and thorough analysis ... is the most effective counterweight to this challenge.»
Author: Alan Greenspan
«Structural productivity continues to grow at a firm pace, and rebuilding activity following the hurricanes should boost real GDP growth for a while,»
Author: Alan Greenspan
«Structural productivity continues to grow at a firm pace, and rebuilding activity following the hurricanes should boost real GDP growth for a while, ... More uncertainty, however, surrounds the outlook for inflation.»
Author: Alan Greenspan
«Large deficits will result in rising interest rates and an ever-growing ratio of debt service to GDP (gross domestic product),»
Author: Alan Greenspan
«The present policy path makes current promises, at least in real terms, highly conjectural,»
Author: Alan Greenspan
«The vast majority of homeowners have a sizable equity cushion with which to absorb a potential decline in house prices.»
Author: Alan Greenspan
«We cannot rule out a situation in which a pre-emptive policy tightening may become appropriate before any sign of actual higher inflation becomes evident.»
Author: Alan Greenspan