Sunday, September 28, 2008

Greenspan Quotes


November 2006
“The economy is obviously going through a significant slowing period, which as best I can tell is more than likely temporary,”
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Sept 2007
“It was our job to unfreeze the American banking system if we wanted the economy to function. This required that we keep rates modestly low,” he said.
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April 2005
“Our budget position is unlikely to improve substantially in the coming years unless major deficit-reducing actions are taken,” Greenspan said.
READ IN CONTEXT

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