Lessons from The MastersThe Quotations of Alan Greenspan:
Federal Reserve Chairman Alan Greenspan is extremely cautious with his words. Even the most innocent comment from him can send shockwaves through financial markets. While attending a Kennedy Center affair, he ran into Securities and Exchange Commission Chairman Arthur Levitt. "How are you, Alan?" asked Levitt. "I'm not allowed to say," Greenspan joked. In a world where economies can turn on a dime, Alan Greenspan has effectively managed the United States economy, ushering in an era of surplus, low inflation and high employment. Who is this man, and how has he been able to accomplish this tremendous feat? Why do presidents and statesmen around the world, regardless of their political conviction, seek his counsel? Why does Congress, arguably the mightiest political institution in human history, hang on his every statement, in awe of his financial acumen? How has this soft-spoken mystery man remained largely inaccessible to the public at large, but at the same time free of political strings and partisan obligations? Who is this rock-steady man who touches our daily lives, guiding this country through uncharted economic waters, leading us to the greatest prosperity the world has ever seen? Just who is Alan Greenspan?Considering how powerful he is, we know very little about Greenspan. More important, what lessons from him can we apply to our own financial situations? The Quotations of Alan Greenspan explains for the first time, in Greenspan's own words, what he's done and how you can apply some of his economic lessons to your own personal and business life. Read the Lessons of Alan Greenspan. Because he has not given an interview since becoming Fed chairman in 1987, the best picture of what he thinks is seen through his public testimonies, speeches, question & answer periods in front of Congress, and the very rare off-the-cuff comment before or after a public appearance. This book is a representation of Greenspan's ideas, in his own words, which are always measured and precise and crystal clear, if you pay close attention. Greenspan's thoughts are arranged by category: Sometimes, a short explanation precedes a quotation, because the reader needs to peruse it in historical context to absorb its full impact. Other times, the quotations stand on their own timelessness. Read selections from The Quotations of Alan Greenspan
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Copyright © 2010 Larry Kahaner |
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