"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about"
- Alan Greenspan
About this Quote
This quote by Alan Greenspan recommends that the stock exchange has a substantial impact on the economy. He implies that if the stock market continues to rise, it will have a higher impact on stimulating the economy than any other financial policy or discussion. This suggests that the stock market is an essential consider the general health of the economy. Greenspan's declaration also implies that the stock market is unforeseeable which it is hard to predict where it will go in the future. This highlights the significance of keeping track of the stock market and understanding its potential influence on the economy. In general, Greenspan's quote stresses the importance of the stock exchange in the overall health of the economy and recommends that it must be carefully kept track of.
This quote is written / told by Alan Greenspan somewhere between March 6, 1926 and today. He/she was a famous Economist from USA.
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