American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
ALAN GREENSPANNo one has ever eliminated any of that stuff.
More Alan Greenspan Quotes
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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
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The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.
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What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.
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Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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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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The free lunch has still to be invented.
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When trust is lost, a nation’s ability to transact business is palpably undermined.
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And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.
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Gold still represents the ultimate form of payment in the world.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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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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Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
ALAN GREENSPAN