Alan Greenspan Virtual Quotations

How can we ignore the fact that virtually all forecasts of the budget balance have been wide of the mark in recent years?

Issuance of equity and of bonds by lower-rated corporations has come virtually to a halt -- even investment-grade companies have cut back substantially on their borrowings,

Doubtless, the substantial improvement in the access of business decision makers to real-time information has played a key role, ... Today, businesses have large quantities of data available virtually in real time. As a consequence, they address and resolve economic imbalances far more rapidly than in the past.

With real energy prices on the rise, more rapid decreases in the intensity of energy use in the years ahead seem virtually inevitable,