The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.
ALAN GREENSPANWithout the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
More Alan Greenspan Quotes
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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
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We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].
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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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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward.
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The tub helps me relax, and it’s a great place to read.
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No one has ever eliminated any of that stuff.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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What an ideology is is a conceptual framework with the way people deal with reality.
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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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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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Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
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The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…
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Any informed borrower is simply less vulnerable to fraud and abuse.
ALAN GREENSPAN






