Alan Greenspan

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Last quote by Alan Greenspan

Economically, it's a mistake to deal with sharp reductions in taxes now. We are premature on fiscal stimulus, whether it's tax cuts or expenditure increases. We've got to get the debt stabilized before we can even think of those terms.feedback
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Nov 13 2017
The latest quote from Alan Greenspan is: “First, you didn't know the economy was sound. Markets are supposed to be forecasting machines, and even though the economy seemed strong, you simply could have no confidence that it would stay that way after two disastrous days. Second, and more important, there was no, what we call, price discovery. You just couldn't get a market of any size because nobody could figure out what the prices should be for great American companies. The market flat-out failed.”. It comes from the How I lucked out in the crash of 1987 article. You’ll find on this page 13 articles with Alan Greenspan quoted on topics such as Greece, euro and member. Alan Greenspan has been quoted 19 times in 13 articles.
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Alan Greenspan quotes

Apr 20 2017

Stagflation is in the process of emerging. You end up at the end of the day with both inflation and slow growth, which is what we had in the 1970s.feedback

Apr 20 2017

The question is who is financing this trillion dollars in infrastructure. At the moment, we can't afford it. Infrastructure-type of spending is of delayed impact. If you go out and build a bridge, for example, you don't get any revenues from that bridge until it's complete.feedback

Feb 16 2017

The political system has demonstrated unequivocally in the existing structure that (it) is unable to handle this problem.feedback

Feb 16 2017 - Populism

Populism is not a structured economic philosophy such as capitalism, socialism or communism. But it's a cry of pain by the populace for some leaders to arise to take charge and lessen their pain. Entitlements are drowning out the funding of ultimately what is required to engender productivity growth, and as you know productivity growth is basic for all economic activity and especially standard of living.feedback

Dec 05 2016 - Japan

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? And how do we factor that assessment into monetary policy?feedback

Feb 09 2015

Greece's position is if they don't get additional loans they will default and leave the euro. I don't see any people willing to put in their funds having been disappointed so often. I believe [Greece] will eventually leave. The problem is that there is no way that I can conceive of the euro continuing, unless and until all of the members of eurozone become politically integrated – actually even just fiscally integrated won't do it.feedback

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