An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
ALAN GREENSPANI love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
More Alan Greenspan Quotes
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The tub helps me relax, and it’s a great place to read.
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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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Whatever you tax you get less of.
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Significantly opening up immigration to skilled workers solves two problems.
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It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade.
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Senator, if I seem clear to you, you must have misunderstood me’.
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I don’t know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we’ve been talking about today or anything anybody else was talking about.
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Excessive optimism sows the seeds of its own reversal.
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Need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.
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If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.
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There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.
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…our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
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Productivity is notoriously difficult to predict.
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The process of innovation is, of course, never ending.
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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
ALAN GREENSPAN