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How do we know when irrational exuberance has unduly escalated asset values?
Alan Greenspan
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Alan Greenspan
Age: 98
Born: 1926
Born: March 6
Banker
Economist
Entrepreneur
Jazz Musician
Politician
New York City
New York
Exuberance
Asset
Irrational
Assets
Memorable
Values
Escalated
Unduly
More quotes by Alan Greenspan
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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
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As long as we issue fiat currency, I see no alternative to a legal tender law.
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