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It rejected the temptation to punish its opponents as the Europeans had done at Versailles, recognizing the wisdom of Herbert Hoover’s advice to Harr… - Alan Greenspan
" "It rejected the temptation to punish its opponents as the Europeans had done at Versailles, recognizing the wisdom of Herbert Hoover’s advice to Harry Truman in 1946 that “you can have vengeance, or peace, but you can’t have both.
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About Alan Greenspan
Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.
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Additional quotes by Alan Greenspan
The Federal Reserve is an independent agency. And that means basically that there is no other agency of government which can overrule actions that we take. So long as that is in place, and there is no evidence that the administration, or congress, or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't frankly matter. And I've had very good relationships with presidents.
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