While this stellar non-inflationary economic expansion still appears remarkably stress-free on the surface, there are developing imbalances that give us pause,
More Quotes from Alan Greenspan:
The United States has been in the forefront of the postwar opening up of international markets, much to our, and the rest of the world's, benefit, ... It would be a great tragedy were that process reversed.Alan Greenspan
Lower budget deficits are the surest and most direct way to increase national saving. Higher national saving would help to lower real interest rates, spurring spending on capital goods so as to put cutting-edge technology in the hands of more American workers,
Alan Greenspan
By the measure of what benefits consumers, such enterprises should not be discouraged,
Alan Greenspan
is on an unsustainable path, in which large deficits result in rising interest rates and ever-growing interest payments that augment deficits in future years.
Alan Greenspan
If I seem unduly clear to you, you must have misunderstood what I said.
Alan Greenspan
I can safely say there is no endeavor to coordinate an interest rate cut,
Alan Greenspan
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This sunlight linked me through the ages to that past consciousness.
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