Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
ALAN GREENSPANIf I say something which you understand fully in this regard, I probably made a mistake.
More Alan Greenspan Quotes
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If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank.
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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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If I say something which you understand fully in this regard, I probably made a mistake.
ALAN GREENSPAN -
The process of innovation is, of course, never ending.
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We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions…
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The number one problem in today’s generation and economy is the lack of financial literacy.
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Amateurs want to be right. Professionals want to make money.
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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.
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Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I’m only half joking
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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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Market financed withdrawals of home equity in recent years.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
ALAN GREENSPAN






