589 Quotes by Alan Greenspan

The Federal Reserve, myself in particular, find the general thrust of the deputy secretary's remarks very close to ours.

At present, the Social Security trustees estimate that the unfunded liability over the indefinite future to be $10.4 trillion, ... The shortfall in Medicare is calculated at several multiples of the one in Social Security.

There are sound reasons for concluding that the long-run picture remains bright ... but I would emphasize that we continue to face significant risks in the near term,

Since 1948 I have spent every single day thinking how the economic and political worlds have changed.

Deficit spending is simply a scheme for the confiscation of wealth.

The Federal Reserve has responded to the balance of market forces by gradually raising the federal funds rate over the past year, ... Certainly, to have done otherwise -- to have held the federal funds rate at last year's level even as credit demands and market interest rates rose -- would have required an inappropriately inflationary expansion of liquidity.

I would strongly suggest that, while there is an obvious strongly desired sense to move rapidly, it's far more important to be right than quick,

A significant amount of consumption is driven by capital gains on some combination of both stocks and residences,

The Federal Reserve has been unable to find any credible purpose for the huge balance sheets built by Fannie and Freddie other than the creation of profit through the exploitation of the market-granted subsidy,