Exit The Maestro: The Economy Owes Much To His Deft Handling Of Inflation
By Matthew Benjamin
Posted 10/30/05
Page 5 of 5
"A driver might tap the brakes to make sure not to be hit by a truck coming down the street, even if he thinks the chances of such an event are relatively low."
Before the Senate Banking Committee, July 1997
"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions...?"
A speech that later came to symbolize an era, Dec. 5, 1996
"If I say something which you understand fully in this regard, I probably made a mistake."
Before the Senate Banking Committee, June 20, 1995
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