|
The Big Picture | Alan Greenspan on The Daily Show by Decius at 9:25 am EDT, Oct 12, 2007 |
Stewart: When you lower interest rates, it drives money to stocks and lowers the return people get on savings. Greenspan: Yes, indeed.
|
|
RE: The Big Picture | Alan Greenspan on The Daily Show by Stefanie at 12:44 pm EDT, Oct 12, 2007 |
Decius wrote: Stewart: When you lower interest rates, it drives money to stocks and lowers the return people get on savings. Greenspan: Yes, indeed.
Classic. :) |
|
The Big Picture | Alan Greenspan on The Daily Show by Lost at 5:36 am EDT, Oct 13, 2007 |
Greenspan: I was telling my colleagues the other day...I’d been dealing with these big mathematical models for forecasting the economy, and I’m looking at what’s going on the last few weeks and I say, “Y’know, if I could figure out a way to determine whether or not people are more fearful, or changing to euphoric... I don’t need any of this other stuff. I could forecast the economy better than any way I know. The trouble is, we can’t figure that out. I’ve been in the forecasting business for 50 years, and I’m no better than I ever was, and nobody else is either.” Stewart: (Leans back in chair)...You just bummed the sh*t outta me!
|
There is a redundant post from Dagmar not displayed in this view.
|
|