Nobody has the capacity to fathom fully how the effects of the tragedy of Sept. 11 will play out in our economy,
More Quotes from Alan Greenspan:
A slowing in the rate of inventory liquidation will induce a rise in industrial production if demand for those products is stable or is falling only moderately, ... That rise in production will, other things being equal, increase household income and spending.Alan Greenspan
We at the Federal Reserve, recognizing the powerful forces of productivity growth and global restraint on inflation, have not perceived to date the need to tighten policy,
Alan Greenspan
The determination of global economic activity in recent years has been influenced importantly by capital gains on various types of assets, and the liabilities that finance them. Our forecasts and hence policy are becoming increasingly driven by asset price changes.
Alan Greenspan
The good news is that evidence is becoming more persuasive that our electronic infrastructure will be ready for the Century Date Change, ... The public's understanding of the degree of our Y2K readiness also has grown, and fears of widespread disruptions around the CDC appear to be waning, though we are not as yet home free.
Alan Greenspan
But, given our current state of knowledge, I find it difficult to envision central banks successfully targeting asset prices any time soon,
Alan Greenspan
To develop a financial center ... the issue isn't interest of developing infrastructure.
Alan Greenspan
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Based on Topics: Tragedy QuotesWe have the notion that we exist but we have no way to prove it. 'I am' is the closest foundation we can get.
Stan Brakhage
I like to make music, I like rap music. Even if I'm white, I support that music. If I want to support it or any other white kid wants to support it more power to them.
Kid Rock
In 1960 I published a book that attempted to direct attention to the possibility of a thermonuclear war, to ways of reducing the likelihood of such a war, and to methods for coping with the consequences should war occur despite our efforts to avoid it.
Herman Kahn