- Economist
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- Nov 07, 2020
Alan Greenspan Quotes
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- Last Updated on May 30, 2021
- Me
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- Nov 07, 2020
I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn't need a debt ceiling to tell you where you are.
- Fall
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- Nov 07, 2020
Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely cannot be our goal.
- Country
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- Nov 07, 2020
Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.
- Leave
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- Nov 07, 2020
There is a huge number of people outside our borders who would love to come here. In fact, many of them come here, get well educated, and then are required to leave... This is a factor in income inequality.
- Future
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- Nov 07, 2020
What I see in the corporate sector is very clearly an issue of a major shortfall in the issue of, what some people call confidence, but whatever you want to call it. Clearly people are looking out in the very distant future and they are saying that it is too complex.
- Only
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- Nov 07, 2020
It's only when the markets are perceived to have exhausted themselves on the downside that they turn. Trying to prevent them from going down just merely prolongs the agony.
- Debt
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- Nov 07, 2020
The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
- More
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- Nov 07, 2020
Europe is very critical to the United States in the sense not only do we have a fourth of our exports there, but more importantly, a significant proportion of the foreign affiliate profits in fact, half of U.S. corporations, are in Europe.
- Division
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- Nov 07, 2020
Fear invariably and universally induces disengagement, and disengagement is negative division of labor.
- Every Single Day
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- Nov 07, 2020
Since 1948 I have spent every single day thinking how the economic and political worlds have changed.
- Me
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- Nov 07, 2020
If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?'
- Leader
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- Nov 07, 2020
The purpose of a politician is to be a leader. A politician has to lead. Otherwise he's just a follower.
- Focus
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- Nov 07, 2020
The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.
- Own
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- Nov 07, 2020
Manufacturing capacity is not a rigid level against which one bounces. When you are dealing with a world economy, with a flexibility to employ production facilities other than one's own, then the concept of capacity is vaguer.
- Envisaged
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- Nov 07, 2020