In these circumstances, monetary policy is able to be more patient,
More Quotes from Alan Greenspan:
The major element of the control of leverage and capital is the structure of the counterparty relationship,Alan Greenspan
What is not clear is whether the market values that are being placed on particular assets involved in this technology revolution are appropriately priced.
Alan Greenspan
While the adjustments may be difficult for a time, these crises will pass. Stronger individual economies and a more robust and efficient international economic and financial system will surely emerge in their wake,
Alan Greenspan
How significant and disruptive such adjustments turn out to be is an open question, ... shocks should be largely absorbed by changes in prices, interest rates and exchange rates, rather than by wrenching declines in output and employment.
Alan Greenspan
The housing boom will inevitably simmer down, ... As part of that process, house turnover will decline from currently historic levels, while home price increases will slow and prices could even decrease.
Alan Greenspan
The likelihood is that we shall be seeing some lower prices on imported goods as a result of the difficulties in Asia, ... But they will not permanently suppress the risks inherent in the tightened labor markets.
Alan Greenspan
Readers Who Like This Quotation Also Like:
Based on Topics: Medicine & Medical QuotesMan invented language to satisfy his deep need to complain.
Lily Tomlin
The moment you enlist in the army of God, you personally become a target. You need to remember that if you're living for and walking with Jesus Christ, the powers of darkness are aligned against you.
Walter Martin
Love is so simple.
Jacques Prevert