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,
More Quotes from Alan Greenspan:
The Federal Reserve has been unable to find any credible purpose for the huge balance sheets built by Fannie and Freddie other than the creation of profit through the exploitation of the market-granted subsidy,Alan Greenspan
Our operating procedures, as you suggest, do tend to smooth out short-run fluctuations in short-term interest rates,
Alan Greenspan
There should be little disagreement about the need to re-establish budget discipline,
Alan Greenspan
The scale and scope of higher education in America was being shaped by the recognition that research -- the creation of knowledge --complemented teaching and training -- the diffusion of knowledge,
Alan Greenspan
Nowhere in the world are the synergies of small and large businesses operating side-by-side in a dynamic market economy more apparent than in this country.
Alan Greenspan
In the face of energy price spike and the erosion of optimism in financial markets, consumer confidence, or sentiment, appears to be holding up reasonably well to date, though there have been some mixed signals of late.
Alan Greenspan
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