589 Quotes by Alan Greenspan

The word 'measured' is more of a plan than a pledge,

Instead of trying to contain a putative bubble by drastic actions with largely unpredictable consequences, we chose, as we noted in our mid-1999 congressional testimony, to focus on policies to mitigate the fallout when it occurs and, hopefully, ease the transition to the next expansion.

The process of innovation is, of course, never ending.

Our operating procedures, as you suggest, do tend to smooth out short-run fluctuations in short-term interest rates,

through education and training, not by restraining the competitive forces that are so essential to overall rising standards of living of the great majority of our population.

The very few times which we have intervened have occurred, ... when we believe the markets are unstable and that intervention might have an impact.

In retrospect, I see nothing that we did that was inappropriate in terms of policy,

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

the right starting point ... is where we are.