The worst have failed; investors no longer fund them and are not likely to in the future.
ALAN GREENSPANDeficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
More Alan Greenspan Quotes
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The number one problem in today’s generation and economy is the lack of financial literacy.
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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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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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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market.
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Enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum.
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The tub helps me relax, and it’s a great place to read.
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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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Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices.
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It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade.
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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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Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPAN