There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
ALAN GREENSPANWhen trust is lost, a nation’s ability to transact business is palpably undermined.
More Alan Greenspan Quotes
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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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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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It’s a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it. Maybe somebody else can.
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We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures.
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No one has ever eliminated any of that stuff.
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Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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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 didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
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And she always has so much fun doing it. We make a good team.
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Indeed, better risk management may be the only truly necessary element of success in banking.
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We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.
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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.
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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.
ALAN GREENSPAN