Alan Greenspan Quotes



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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.
- Alan Greenspan

That conclusion is based on our current best judgment of how economic and financial forces will evolve in the months and quarters ahead... Should that judgment prove misplaced, however, the [committee] is prepared to do what is required to fulfill our obligations to achieve the maintenance of price stability so as to ensure maximum sustainable economic growth.
- Alan Greenspan
