Alan Greenspan Quotes About Inverse
We have collected for you the TOP of Alan Greenspan's best quotes about Inverse! Here are collected all the quotes about Inverse starting from the birthday of the Economist – March 6, 1926! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of Alan Greenspan about Inverse. We will be happy if you share our collection of quotes with your friends on social networks!
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Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
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