A Quote by Alan Greenspan

We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
I think as you grow up and you see things which are around you and you ask questions and you hear the answers, your situation becomes more and more of a puzzle. Now, why is it like this, why are things like this and since writing is one way in which one can ask this questions and try to find these answers, it seems to me a very natural thing to do, especially as it meant stories which I always found moving, almost unbearably necessary.
There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.
I regard it as an inelegance, or imperfection, in quaternions, or rather in the state to which it has been hitherto unfolded, whenever it becomes or seems to become necessary to have recourse to x, y, z, etc.
Fiscal policy should balance growth, equity, and sustainability concerns, including protecting society's most vulnerable.
Sir, sorrow is inherent in humanity. As you cannot judge two and two to be either five, or three, but certainly four, so, when comparing a worse present state with a better which is past, you cannot but feel sorrow. It is not cured by reason, but by the incursion of present objects, which bear out the past.
For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share prices, P/E ratios have been declining on average.
If ... the past may be no Rule for the future, all Experience becomes useless and can give rise to no Inferences or Conclusions.
Sustainability is a part of our 'rise' philosophy. You cannot rise if you take more from the community than you put back.
If you have money draining out of the public equity markets, that inevitably affects the private equity market. They cannot exist going in different directions because somehow that will rent the fabric of the universe. It's just not permitted that that happens. Obviously there can be anomalies for brief periods of time but it just can't happen forever.
Unpleasant questions are being raised about Mother's Day. Is this day necessary? . . . Isn't it bad public policy? . . . No politician with half his senses, which a majority of politicians have, is likely to vote for its abolition, however. As a class, mothers are tender and loving, but as a voting bloc they would not hesitate for an instant to pull the seat out from under any Congressman who suggests that Mother is not entitled to a box of chocolates each year in the middle of May.
We cannot be any stronger in our foreign policy for all the bombs and guns we may heap up in our arsenals than we are in the spirit which rules inside the country. Foreign policy, like a river, cannot rise above its source.
Everything I had been taught to regard as a vice - and I still regard them as vices - under Thatcherism was in fact a virtue: Greed, selfishness, no care for the weaker, sharp elbows, sharp knees.
Those who cannot remember the past are condemned, it seems, to direct the Middle East policy of the Obama administration.
I do not believe anything comes by chance. I regard the present as the necessary child of a necessary past.
Out of the huts of history's shame I rise Up from a past that's rooted in pain I rise I'm a black ocean, leaping and wide, Welling and swelling I bear in the tide. Leaving behind nights of terror and fear I rise Into a daybreak that's wondrously clear I rise Bringing the gifts that my ancestors gave, I am the dream and the hope of the slave. I rise I rise I rise.
I was raised by and have raised people who regard telling one story when two would do as a sign someone is not really trying.
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