Allan Meltzer Quotes

They'll want to see him tested... Greenspan had, in a sense, the good fortune that there was a crisis (Black Monday, Oct. 19, when the Dow lost more than 20%) within the two months of the time he acceded to the chairmanship, and he handled the crisis very well. That established him in the market as a credible chairman.

- Allan Meltzer

Tags

Tested | Greenspan | Sense | Good | Fortune |

comments powered by Disqus

Random

The fact that you have only these minor criticisms is quite an achievement. - Allan Meltzer

The way to get higher growth is to have lower inflation. The success of the Fed and the Bank of England has done much to convince people that that's the way to go. - Allan Meltzer

He's staying with the position he had before. There are local bubbles but no national bubble. - Allan Meltzer