Rules cannot take the place of character.
ALAN GREENSPANThis is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
More Alan Greenspan Quotes
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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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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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No one has ever eliminated any of that stuff.
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
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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.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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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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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
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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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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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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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The guiding purpose of the government regulator is to prevent rather than to create something.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
ALAN GREENSPAN