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,
More Quotes from Alan Greenspan:
I am concerned about the recent evident weakening of support for free trade, ... Should we endeavor to freeze competitive progress in place, we will almost certainly slow economic growth overall.Alan Greenspan
The influence of capital gains on economic behavior ... is likely to be of substantial consequence for the prospective performance of the economy,
Alan Greenspan
Demand has been growing quite strongly in recent months, and the (Fed monetary-policy committee) will have to judge whether that pace of expansion will be maintained (and), if so, whether it will continue to be met by solid productivity growth, as it apparently has been.
Alan Greenspan
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.
Alan Greenspan
As China's citizens experience economic gains, so will the American firms that trade in their expanding markets,
Alan Greenspan
Instead of trying to contain a putative bubble by drastic actions with largely unpredictable consequences, we chose, as we noted in our mid-1999 congressional testimony, to focus on policies to mitigate the fallout when it occurs and, hopefully, ease the transition to the next expansion.
Alan Greenspan
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Economics Quotes, Terrorism QuotesBased on Keywords: engendered, firming, prompting
Comedy is only as stupid as you are smart.
Brian Celio
Fear? If I have gained anything by damning myself, it is that I no longer have anything to fear.
Jean-Paul Sartre
Erudition can produce foliage without bearing fruit.
Georg C. Lichtenberg