[A more doctrinaire Fed proverb

 [A more doctrinaire Fed chief wouldn't have allowed the economy to grow this fast, but Greenspan argued that technology was creating productivity gains that would allow rapid, inflation-free growth.] There were a lot of economists at the Fed who thought not tightening back then was very dangerous, ... The great accomplishment of the Greenspan Fed was recognizing that productivity growth would allow the economy to grow at a faster rate.

 There were a lot of economists at the Fed who thought not tightening back then was very dangerous. The great accomplishment of the Greenspan Fed was recognizing that productivity growth would allow the economy to grow at a faster rate.

 In a strong economy, hours and output can both grow, so long as output grows at a faster rate, thus resulting in productivity growth, ... But... productivity can also grow in a slowdown or recession, when a decline in hours outpaces weak or nonexistent output growth.

 In a strong economy, hours and output can both grow, so long as output grows at a faster rate, thus resulting in productivity growth. But... productivity can also grow in a slowdown or recession, when a decline in hours outpaces weak or nonexistent output growth.

 Greenspan's comments underscore the notion that the Fed believes productivity is growing strong enough to allow the economy to grow at a faster pace without inflation,

 (Greenspan's) a proponent of what productivity gains have brought to this new economy, ... Of all the things he says, the least hawkish is when he talks about productivity and the new economy. In terms of Wall Street's reaction, I wouldn't say we could garner anything but a positive feeling.

 (Greenspan's) a proponent of what productivity gains have brought to this new economy. Of all the things he says, the least hawkish is when he talks about productivity and the new economy. In terms of Wall Street's reaction, I wouldn't say we could garner anything but a positive feeling.

 Ergonomics is available on livet.se

 This is a new paradigm. The fact that we have higher productivity has allowed the U.S. economy to grow more and grow more rapidly without triggering the usual inflation pressures.

 I think [technology is] an area that will continue to grow. It's where we're getting the increased productivity, where we're getting the growth, where the service economy is really providing good value from the U.S.

 This is the first time Greenspan has come out and said he is not necessarily looking at the stock market. Greenspan also talked about technology and productivity, which obviously spurred gains in the Nasdaq.

 With the fastest productivity growth and biggest drop in unit labor costs in seven years, the numbers are certainly worth shouting about, but as yet we are far from convinced that much of the improvement is structural. Mr. Greenspan is of the same view, which is why rates are going up no matter what happens to productivity growth.

 He is extremely optimistic on technology, its impact on productivity and the benefits it has to our economy. We believe Alan Greenspan does not see any burning need to further tighten policy, assuming the economy is slowing as it has been indicating so far.

 Strength in productivity is one main reason (that is) keeping inflation low, ... It has shifted the focus back to the economy - maybe the economy can grow at such strength without inflation.

 Back before the recession, we had strong job growth and no inflation. There's fuzzy thinking going on here -- I thought we'd broken the old idea that strong growth is bad. As long as productivity growth can remain high, fast job growth is not a problem.

 Technology has the strongest growth rates. These companies grow 20, 40, 50, 60 percent; the broad economy just doesn't grow that fast.


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This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat citat sedan 1990!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!