Gold still represents the ultimate form of payment in the world.
ALAN GREENSPAN
All taxes are a drag on economic growth. It’s only a question of degree.
More Alan Greenspan Quotes
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We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
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When trust is lost, a nation’s ability to transact business is palpably undermined.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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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.
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Political decisions are never random and will always lose out to innovative alternatives.
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Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
ALAN GREENSPAN -
Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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It’s hard to overemphasize how important Ford’s deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first.
ALAN GREENSPAN