We are very firm in the notion that this country should not visit the 1970s again in the way of inflation,
More Quotes from Alan Greenspan:
Throughout all this history, the CEA has, in most cases, provided the president with the best economic advice available at the time and has, crucially, been a consistent advocate for the importance of market forces,Alan Greenspan
The economy is turning, and credit comes in with a lag, ... To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.
Alan Greenspan
The very few times which we have intervened have occurred, ... when we believe the markets are unstable and that intervention might have an impact.
Alan Greenspan
... the flexibility of our market-driven economy has allowed us, thus far, to weather reasonably well the steep rise in spot and futures prices for crude oil and natural gas that we have experienced over the past two years,
Alan Greenspan
The Federal Reserve Bank of New York's efforts were designed solely to enhance the probability of an orderly private-sector adjustment, ... No Federal Reserve funds were put at risk, no promises were made by the Federal Reserve and no individual firms were pressured to participate.
Alan Greenspan
Further development of China's trading relationships with the United States and other industrial countries will work to strengthen the rule of law within China and to firm its commitment to economic reform,
Alan Greenspan
Readers Who Like This Quotation Also Like:
Based on Topics: Countries QuotesIn the Radiation Laboratory we count it a privilege to do everything we can to assist our medical colleagues in the application of these new tools to the problems of human suffering.
Ernest Lawrence
My analysis was directed toward purely physical conditions, such as defective wiring, presence of lack of air spaces between metal flues and woodwork, etc., and the results were presented in these terms.
Benjamin Whorf
As far as I am concerned the paint is the person. I want it to work for me just as flesh does.
Lucian Freud