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Alan Greenspan Quotes

«The capacity of workers, after being displaced, to find a new job that will eventually provide nearly comparable pay most often depends on the general knowledge of the worker and the ability of that individual to learn new skills,»
«The impressive performance of the U.S. economy over the past couple of decades, despite shocks that in the past would have produced marked economic contractions, offers the clearest evidence of the benefits of increased market flexibility,»
«It's important that whomever I pick is viewed as an independent person from politics. It's this independence that gives people not only here in America, but the world, confidence.»
«from now on.»
«the recent surge in energy prices will undoubtedly be a drag (on the economy) from now on.»
«The more flexible an economy, the greater its ability to self-correct after inevitable, often unanticipated disturbances, ... The impressive performance of the U.S. economy over the past couple of decades, despite shocks that in the past would have surely produced marked economic contraction, offers the clearest evidence of the benefits of increased market flexibility.»
«Hopefully his successor, whoever it is, will demonstrate that the good policy we've had over the past 18 years is as much due to the evolution of the institution as it is to Greenspan per se.»
«Although the business cycle has not disappeared, flexibility has made the economy more resilient to shocks and more stable overall during the past couple of decades,»
«is scheduled to discuss the flexibility of the U.S. economy and its resilience to shocks, a topic he addressed two weeks ago.»
«weathered reasonably well the steep rise in spot and futures prices for oil and natural gas.»