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Letter "A" » Alan Blinder Quotes
«He was confident in his judgment, and he was right. The lesson is that sometimes you can't wait for the data to be definitive.»
«His performance as chairman of the Fed has been impressive, encompassing, and overwhelmingly beneficial - to the nation, to the institution, and to the practice of monetary policy,»
«While Alan Greenspan may have enjoyed more than his share of good luck during his storied tenure as Fed chairman, he was also confronted with a wide variety of challenges that required subtlety, a deft touch and good judgment.»
«And the maestro surely wielded the chairman's baton with extraordinary skill. His stellar record suggests that the only right answer to the age-old question of whether it is better to be lucky or good may be: both.»
«While there are some negatives in the record, when the score is toted up, we think he has a legitimate claim to being the greatest central banker who ever lived.»
«His performance as chairman of the Fed has been impressive, encompassing and overwhelmingly beneficial -- to the nation, to the institution and to the practice of monetary policy,»
«His flexibility, his unwillingness to get stuck in a doctrinal straitjacket that becomes dysfunctional may be his greatest strength.»
«The most important thing is that strikes don't last forever. The economy is normally quite resilient and comes bouncing back.»
«The employment numbers easily give the Fed reason to pause, but it doesn't necessarily mean they are finished with raising rates. They will want to see more evidence of slowing, both in the employment numbers and in other areas of the economy.»
«I think they're right on the curve but in danger of being behind the curve.»