456 ordspråk av Alan Greenspan
Alan Greenspan
we may be governors of the Federal Reserve but we are also citizens of this country.
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We need ... to be aware that our front-loaded policy actions this year, coupled with the tax cuts under way, should be increasingly affecting economic activity as the year progresses,
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We need to recognize that we really do not know the answer for this immediate period.
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We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.
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We ought to be more concerned with the emergence of inflation than with temporary economic weakness.
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We owe it to those who will retire over the next couple of decades to promise only what the government can deliver,
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We should not be cutting taxes by borrowing,
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We should not be cutting taxes by borrowing, ... We do not have the capability of having both productive tax cuts and large expenditure increases, and presume that the deficit doesn't matter.
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We should not be cutting taxes by borrowing, ... We should be cutting taxes by reducing the level of spending and that's an issue that I think is critically on the table.
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We think that coming up on a regular scheduled basis ... has been very productive, ... It requires us ... to have a structure of policy that is coherent to the Congress.
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We're going to be running into very severe pressures in later years, and the better we are prepared in moving into that period, the more likely it is that we will address it in a rational, sensible rational way,
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We're going to see some erosion in a number of macroeconomic variables
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We've come a long way through this adjustment process and we're still standing and that's good news, ... is still not doing well but (is) far better given what has happened than I would have forecast six, eight, nine months ago.
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weathered reasonably well the steep rise in spot and futures prices for oil and natural gas.
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What is not clear is whether the market values that are being placed on particular assets involved in this technology revolution are appropriately priced.
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