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Alan Greenspan Quotes

«Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections ... imply continued good economic performance in the United States,»
«The good news is that evidence is becoming more persuasive that our electronic infrastructure will be ready for the Century Date Change, ... The public's understanding of the degree of our Y2K readiness also has grown, and fears of widespread disruptions around the CDC appear to be waning, though we are not as yet home free.»
«As a consequence of our current dependence on computers, some Y2K-related failures could have noticeable effects on the economy,»
«often in ways that were not readily foreseeable a year ago.»
«Our judgment is that the level of consumption growth...will slow down, and the dramatic expansion in capital investment will slow down, ... Something will eventually change the pattern, but there are a number of different ways that can happen.»
«We don't endeavor to manipulate the bond market to act as a proxy, ... The major reason is we wouldn't know how.»
«We are seeing an evolving new international economy. We are in the process of learning how it works as we are doing it, ... Fortunately, the trauma that came out of the Russian default created so much risk aversion ... we probably have time to be deliberative in determining how the (international monetary) structure ought to be structured.»
«[He declined to divulge his views on the performance of the International Monetary Fund, saying that is a topic of ongoing discussion with Treasury Secretary Robert Rubin.] I don't think it's appropriate for me to discuss what we're discussing, ... When we are ready to pronounce something, you will hear an announcement.»
«By the measure of what benefits consumers, such enterprises should not be discouraged,»
«This nation has always viewed concentrations of power, whether in government or the private sector, as a threat to individual political freedoms,»