Alan Greenspan Quotes on World (10 Quotes)

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.

The economic and financial world is changing in ways that we still do not fully comprehend, ... Policymakers accordingly cannot always count on an ability to anticipate potentially adverse developments sufficiently in advance to effectively address them.

As I indicated several weeks ago to a university audience, ... it is just not credible that the United States, or for that matter Europe, can remain an oasis of prosperity unaffected by a world that is experiencing greatly increased stress.

The growing stability of the world economy over the past decade may have encouraged investors to accept increasingly lower levels of compensation for risk.

For the moment, the broadly unanticipated behavior of world bond markets remains a conundrum .

The world of antitrust is reminiscent of Alices Wonderland everything seemingly is, yet apparently isnt, simultaneously. It is a world in which competition is lauded as the basic axiom and guiding principle, yet 'too much' competition is condemned as 'cutthroat.' It is a world in which actions designed to limit competition are branded as criminal when taken by businessmen, yet praised as 'enlightened' when initiated by the government. It is a world in which the law is so vague that businessmen have no way of knowing whether specific actions will be declared illegal until they hear the judges verdict after the fact.

Besides feared shortfalls in crude oil capacity, the status of world refining capacity has become worrisome as well,

The Fact that our economical models at The Fed, the best in the world, have been wrong for fourteen straight quarters, does not mean they will not be right in the fifteenth quarter

The remarkable American economy, whose roots are still not conclusively known, and the Asian crises that caught us by surprise, among other humbling experiences, have made policy-makers particularly sensitive to how fast the world can shift beneath our feet,

The extent and pace of recovery of Asian economies currently experiencing a severe downturn will have important ramifications for prices of energy and other commodities, the strength of the dollar, and competitive conditions on world product markets,