The tub helps me relax, and it’s a great place to read.
ALAN GREENSPANAmerican and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
More Alan Greenspan Quotes
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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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Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism.
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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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Gold still represents the ultimate form of payment in the world.
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I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more
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Then fear hits, and it comes down very sharply. When I started to look at that.
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Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.
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The process of innovation is, of course, never ending.
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Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
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If I say something which you understand fully in this regard, I probably made a mistake.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
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So there is no reason to suspect that the actual process of boosting rates would be any different.
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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 United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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You can’t have the capitalist system if an increasing number of people think it is unjust.
ALAN GREENSPAN