Alan Greenspan Difficult Quotations

Lowering the deficit further in the near term, however, will be difficult in light of the need to pay for post-hurricane reconstruction and relief,

But, given our current state of knowledge, I find it difficult to envision central banks successfully targeting asset prices any time soon,

I find it difficult to believe, for example, that the crises that arose in Thailand and Korea would have been nearly so virulent had their central banks published data prior to the crises on net reserves instead of the not very informative gross reserve positions only,

I find it difficult to find rational arguments for that particular initiative,

Surely difficult challenges lie ahead for the Fed, some undoubtedly of our own making, and others that will be thrust on us by market or other forces,

It is becoming increasingly difficult to deny that something profoundly different than the postwar business cycle has emerged in recent years,

While the adjustments may be difficult for a time, these crises will pass. Stronger individual economies and a more robust and efficient international economic and financial system will surely emerge in their wake,

Productivity is notoriously difficult to predict.

Because it is difficult to suppress growing market exuberance when the economic environment is perceived as more stable, a highly flexible system needs to be in place to rebalance an economy in which psychology and asset prices could change rapidly,

difficult to suppress growing market exuberance when the economic environment is perceived as more stable.

Because the pay-as-you-go system will be very difficult to manage, we need an alternative,

hesitancy to face up to the difficult choices that will be required to resolve our looming fiscal problems.

The economy is turning, and credit comes in with a lag, ... To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.