Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
ALAN GREENSPANThe 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…
More Alan Greenspan Quotes
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I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
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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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I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
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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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The need for values is inbred. Their content is not.
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Unfortunately, Senator, nobody knows where the next innovative idea is coming from.
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The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions…
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These days, even out of office, I still read economic reports.
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
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It signals problems with respect to currency markets. Central banks should pay attention to it.
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Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
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Any informed borrower is simply less vulnerable to fraud and abuse.
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Gold still represents the ultimate form of payment in the world.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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History cannot be reduced to a set of statistics and probabilities.
ALAN GREENSPAN