There is no evidence that the business cycle has been repealed.
ALAN GREENSPANThis is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
More Alan Greenspan Quotes
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These days, even out of office, I still read economic reports.
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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It’s a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it. Maybe somebody else can.
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The number one problem in today’s generation and economy is the lack of financial literacy.
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They seem to sense… that gold and economic freedom are inseparable.
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And she always has so much fun doing it. We make a good team.
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The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…
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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
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If prices go down, we will have problems – problems in the sense of spillover to other areas.
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It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.
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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
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Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
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If you think you understand what I am saying you do not understand what I am saying.
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While these tendencies were no doubt in train in the “old,” pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPAN