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,
More Quotes from 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
A good part of this expansion is a direct function of the decline in real equity premiums. That cannot go on indefinitely.
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
The level of equity prices would appear to envision substantially greater growth of profits than has been experienced of late,
Alan Greenspan
there are mechanisms in place that should help to slow the growth of spending to a pace more consistent with that of potential output growth.
Alan Greenspan
Over most of the past several years, the behavior of unit labor costs has been quite subdued, ... But those costs have turned up of late, and whether the favorable trends of the past few years will be maintained is unclear.
Alan Greenspan
Readers Who Like This Quotation Also Like:
Based on Topics: Time QuotesIt has to be because unemployment problems in northwest Indiana are similar to those in southeast Chicago.
Richard M. Daley
I beg you do not vote for stills and open bar-rooms in the county.
Thomas Jordan Jarvis
My submission to you is we're fighting the war on terror not overseas but in our own streets, and we'd be spending vast more fortunes to try to be a defensive country to protect ourselves rather than an offensive country to spread democracy wherever people yearn for it.
Johnny Isakson