Alan Greenspan

American economist and financial advisor (born 1926)

16 stories

13 quotes

How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions?”
The Federal Reserve, consistent with its responsibilities as the Nation’s central bank, affirmed today its readiness to serve as a source of liquidity to support the economic and financial system.”
You can’t tell when a market is overvalued, and you can’t fight market forces.”
I was right 70% of the time, but I was wrong 30% of the time.”
Ayn Rand and I remained close until she died in 1982, and I’m grateful for the influence she had on my life. I was intellectually limited until I met her,
Talking to Ayn Rand was like starting a game of chess thinking I was good, and suddenly finding myself in checkmate,

Earlier

Alan Greenspan Turns 100: The Former Fed Chair's Enduring Legacy as Economic Maestro Celebrates Birthday

International Business Times AUibtimes.com.au/alan/greenspan…

Alan Greenspan served as the 13th chair of the Federal Reserve for 18 and a half years, during which time the US experienced the Great Moderation of stability, relatively low inflation, and rising prosperity, though his policies were also blamed for the dot-com bubble and the global financial crisis of 2007-08

The Hillthehill.com/opinion/finance…