While local economies may experience significant price imba… - Alan Greenspan

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While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.

Alan Greenspan

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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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John Kenneth Galbraith John Maynard Keynes Peter Schiff Ronald Reagan Friedrich Hayek

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There are errors in this book. I do not know where they are. If I did they wouldn't be there. But with close to two hundred thousand words my probabilistic mind tells me some are wrong.

[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.

The population of the Pacific states increased by 110 percent from 1940 to 1960.

While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given… - Alan Greenspan

About Alan Greenspan

Additional quotes by Alan Greenspan