Alan Greenspan Bubble Quotations

There appears to be enough evidence, at least tentatively, to conclude that our strategy of addressing the bubble's consequences rather than the bubble itself has been successful,

The notion of a bubble bursting and the whole price level coming down ... as a national phenomenon is really quite unlikely,

Instead of trying to contain a putative bubble by drastic actions with largely unpredictable consequences, we chose, as we noted in our mid-1999 congressional testimony, to focus on policies to mitigate the fallout when it occurs and, hopefully, ease the transition to the next expansion.

I recognize that there is a stock market bubble problem at this point, ... and I agree with Governor Lindsey that this is a problem that we should keep an eye on.