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Letter "A" » Alan Greenspan Quotes
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«I think the IMF has done as much as it thought it understood it could do, ... I don't know what alternative policies could have been implemented which could have significantly altered the pattern that emerged once the vicious cycle began to accumulate to the degree that it did.»
Author: Alan Greenspan
«Issuance of equity and of bonds by lower-rated corporations has come virtually to a halt -- even investment-grade companies have cut back substantially on their borrowings,»
Author: Alan Greenspan
«Had the failure of LTCM triggered the seizing up of markets, substantial damage could have been inflicted on many market participants, including some not directly involved with the firm, and could have potentially impaired the economies of many nations, including our own,»
Author: Alan Greenspan
«The major element of the control of leverage and capital is the structure of the counterparty relationship,»
Author: Alan Greenspan
«The chances of an inflationary breakout arguably are, at least for now, less than they would have been under similar conditions in earlier cycles.»
Author: Alan Greenspan
«The markets are demanding that we change outdated statutory limitations that stand in the way of more efficiently and effectively delivering financial services to the public, ... The Federal Reserve agrees and urges prompt enactment of financial modernization legislation.»
Author: Alan Greenspan
«Administrative protection in the form of antidumping suits and countervailing duties is a case in point,»
Author: Alan Greenspan
«While these forms of protection have often been imposed under the label of promoting so-called 'fair trade,' oftentimes they are just simple guises for inhibiting competition.»
Author: Alan Greenspan
«The Federal Reserve, myself in particular, find the general thrust of the deputy secretary's remarks very close to ours.»
Author: Alan Greenspan
«At some point, labor market conditions can become so tight that the rise in nominal wages will start increasingly outpacing the gains in labor productivity, and prices inevitably will then eventually begin to accelerate,»
Author: Alan Greenspan
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