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.
More Quotes from Alan Greenspan:
There appears to be enough evidence, at least tentatively, to conclude that our strategy of addressing the bubble's consequences rather than the bubble itself has been successful,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
We are very firm in the notion that this country should not visit the 1970s again in the way of inflation,
Alan Greenspan
Human beings make mistakes, ... I know of no supervisory action we can take that will prevent that. I know of no legislation to help us prevent them from making dumb mistakes.
Alan Greenspan
Governor Kelley is a man of the highest principle, ... I will miss his wise counsel. In his fourteen years on the Board, he has given more than sound judgment and hard work he has given us the gift of his friendship.
Alan Greenspan
Investing a portion of the Social Security trust fund assets in equities as the administration and others have proposed would arguably put at risk the efficiency of our capital markets and, thus, our economy,
Alan Greenspan
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Wayne Brady
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David Broder
A man loves the meat in his youth that he cannot endure in his age.
William Shakespeare