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Letter "A" » Alan Greenspan Quotes
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«The vast majority of homeowners have a sizable equity cushion with which to absorb a potential decline in house prices,»
Author: Alan Greenspan
«Because it is difficult to suppress growing market exuberance when the economic environment is perceived as more stable, a highly flexible system needs to be in place to rebalance an economy in which psychology and asset prices could change rapidly,»
Author: Alan Greenspan
«Protectionism in all its guises, both domestic and international, does not contribute to the welfare of American workers, ... At best, it is a short-term fix at a cost of lower standards of living for the nation as a whole.»
Author: Alan Greenspan
«Although this treatment of the cost of options is not ideal, it is arguably superior to their treatment in shareholder reports, where options are generally not expensed at all,»
Author: Alan Greenspan
«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: Alan Greenspan
«Despite the disruptions engendered by the terrorist attacks of Sept. 11, the typical dynamics of the business cycle have reemerged and are prompting a firming in economic activity,»
Author: Alan Greenspan
«After the fact, we will look back on the Enron episode as a period when we put corporate governance back on track, ... That is favorable to the long-term outlook. If it were going to have significant impact on the economy in the short run, we'd already be seeing it, and we are not.»
Author: Alan Greenspan
«Besides feared shortfalls in crude oil capacity, the status of world refining capacity has become worrisome as well,»
Author: Alan Greenspan
«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
«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: Alan Greenspan
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