Threats of deflation, which were a significant concern last year, by all indications are no longer an issue before us, ... That clearly is a change that's occurred in the last number of weeks, and it's a change ... that's been long overdue and is most welcome.
More Quotes from Alan Greenspan:
through education and training, not by restraining the competitive forces that are so essential to overall rising standards of living of the great majority of our population.Alan Greenspan
The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other, more-exotic forms of adjustable-rate mortgages, are developments that bear close scrutiny,
Alan Greenspan
...In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending,
Alan Greenspan
While this stellar non-inflationary economic expansion still appears remarkably stress-free on the surface, there are developing imbalances that give us pause,
Alan Greenspan
The world of antitrust is reminiscent of Alices Wonderland everything seemingly is, yet apparently isnt, simultaneously. It is a world in which competition is lauded as the basic axiom and guiding principle, yet 'too much' competition is condemned as 'cutthroat.' It is a world in which actions designed to limit competition are branded as criminal when taken by businessmen, yet praised as 'enlightened' when initiated by the government. It is a world in which the law is so vague that businessmen have no way of knowing whether specific actions will be declared illegal until they hear the judges verdict after the fact.
Alan Greenspan
Large deficits will result in rising interest rates and an ever-growing ratio of debt service to GDP (gross domestic product),
Alan Greenspan
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Based on Topics: Change QuotesFavor and honor sometimes fall more fitly on those who do not desire them.
Titus Livius
If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. Do this, and you will have calm and drowsy nights, with all of the good business you have now and none of the bad. If you have time, don't wait for time.
Ernst Fischer
And the sculptor woman was so clever in the way she did it. She had the beret just about to leave my hand. So it's attached to this finger and that's what will keep it there. And I'm looking up at it, so there's no question but that that beret is going to fly.
Mary Tyler Moore