Bill Clinton: “I don't want to comment any more on that. I think the people setting the long-term rates should know what he said, there…”

“I don't want to comment any more on that. I think the people setting the long-term rates should know what he said, there will be no--there's no reason to believe there's an inflation problem. And let me also say that there's still a pretty good gap between the short- and the long-term rates. Historically, they have been, if you go back over 20, 30 years, they've been closer together. So the fact that the short-term rates went up a little bit, still the long-term rates could be lower than they are, considerably lower than they are. And the difference between short- and long-term rates would not be out of whack with 20, 30, 40-year historical average. So I think the main good news for Americans is that Mr. Greenspan said that conditions for long-term growth are good; conditions for low inflation are good. And that's what we believe, and we're going to keep working on it.”