history cautions that investors' anticipations of the cumulative magnitude of policy actions and their timing under such circumstances are far from perfect.
More Quotes from Alan Greenspan:
I have little doubt that my successors, and theirs, will continue to sustain the leadership of the American financial system in an ever-widening global economy,Alan Greenspan
I find it utterly inconceivable, frankly, that we can have the type of potential fiscal outlook, which now confronts us over the next 15 to 20 years which, unless addressed, will not have a significant impact on long-term interest rates,
Alan Greenspan
At some point, labor market conditions can become so tight that the rise in nominal wages will start increasingly outpacing the gains in labor productivity, and prices inevitably will then eventually begin to accelerate,
Alan Greenspan
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,
Alan Greenspan
In an environment of weak financial systems, lax supervisory regimes, and vague assurances about depositor or creditor protections, the state of confidence so necessary to the functioning of any banking system was torn asunder.
Alan Greenspan
The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
Alan Greenspan
Readers Who Like This Quotation Also Like:
Based on Topics: History Quotes, Perfection QuotesBased on Keywords: anticipations, cautions
The money is great, no way am I complaining.
David Wells
We seldom find people ungrateful so long as it is thought we can serve them.
Francois de La Rochefoucauld
I didn't really want to be a comedian.
Allan Carr