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Alan Greenspan Quotes

«How do we know when irrational exuberance has unduly escalated asset values....,»
«difficult to suppress growing market exuberance when the economic environment is perceived as more stable.»
«Emperors and armies come and go, ... but unless they leave new ideas in their wake, they are of passing historic consequence. The short list of intellectuals who have materially advanced the betterment of civilization unquestionably includes Adam Smith.»
«There's potential for individual disaster there,»
«Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!»
«This schedule change avoids a meeting that spans the terms of two chairmen,»
«Keep 'em low, Al.»
«could prove destabilizing to our financial system as a whole and in the end could seriously diminish the availability of home mortgage funds.»
«The basic problem that we confront is given that the advantages [of globalization] are so much greater than the deficits, how do we take care of those who are on the wrong side of this process?»
«Yes, yes. Next February as well.»

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