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Letter "A" » Alan Greenspan Quotes
«Technology is also damping upward price pressures through its effect on international trade,»
«While (Japan) has made some important efforts, it has yet to make significant progress in diversifying the financial system,»
«Until we experience an economic slowdown, we will not know for sure how much of the extraordinary rise in output per hour in the past five years is attributable to the irreversible way value is created and how much reflects endeavors on the part of the business community to stretch existing capital and labor resources in ways that are not sustainable over the long run,»
«But it is clear that, for the time being at least, the increase in spending on consumer goods and houses has come down several notches, albeit from very high levels.»
«Policymakers will need to be on the alert for oil-driven, indeed energy-driven, risks to our expansion, ... firm.»
«Any notable shortfall in economic performance from the exemplary standard of recent years runs the risk of reviving mistrust of market-oriented systems, even among conventional policy makers,»
«Changes in consumer confidence will require close scrutiny in the period ahead, especially after the steep falloff of recent months,»
«While actual CPI inflation has picked up this year, this rise has not been mirrored uniformly in other broad price measures,»
«The complexity of our economy is such, and the way liquidity flows through the system is such, that you essentially get very complex differences in the way monetary policy plays out, ... But, at the end of the day, it does seem to be effective.»
«I suspect that with the underlying database publicly available, it is just a matter of time before the ex-post results of analysts recommendations are compiled and published on a regular basis, ... I venture to say that with such transparency, the current upward bias of analysts' earnings projections would diminish rather rapidly.»

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