Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
ALAN GREENSPANThe current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
More Alan Greenspan Quotes
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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Market financed withdrawals of home equity in recent years.
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You can’t have the capitalist system if an increasing number of people think it is unjust.
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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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Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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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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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.
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But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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Revolutions are something you see only in retrospect.
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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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And the percentage changes in wage rates would be the same for all job grades.
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The free lunch has still to be invented.
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
ALAN GREENSPAN