456 ordspråk av Alan Greenspan
Alan Greenspan
It's too soon in the fourth quarter to make very many judgments, but despite the fact that we clearly have been shocked by the tragedy of September 11, there is no evidence at this stage from the data we have to date that there will be a decline in the fourth quarter,
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US has lost control of the deficit
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we have seen how lax standards, excesses, or fraud can cause disproportionate losses to insurance funds.
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... the flexibility of our market-driven economy has allowed us, thus far, to weather reasonably well the steep rise in spot and futures prices for crude oil and natural gas that we have experienced over the past two years,
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...In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending,
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...most of the gains in the level and the growth rate of productivity in the United States since 1995 appear to be structural, largely driven by advances in technology and its application -- irreversible in the sense that knowledge once gained is almost never lost,
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A continuation of this trend would soon make the lack of refining capacity a binding constraint on growth in oil use, ... lagging.
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a continued solid expansion.
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a distinguished appointment. Ben comes with superb academic credentials and important insights into the ways our economy functions.
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A further rise [in fuel prices] could cut materially into private spending and thus damp the rate of economic expansion.
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A good part of this expansion is a direct function of the decline in real equity premiums. That cannot go on indefinitely.
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A gradual reduction over time of the GSE portfolios should be a non-event to investors and market participants, other than GSE shareholders,
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a process that has undoubtedly improved national productivity growth and standards of living.
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A significant amount of consumption is driven by capital gains on some combination of both stocks and residences,
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A slowing in the rate of inventory liquidation will induce a rise in industrial production if demand for those products is stable or is falling only moderately, ... That rise in production will, other things being equal, increase household income and spending.
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