The number one problem in today’s generation and economy is the lack of financial literacy.
ALAN GREENSPANNo one has ever eliminated any of that stuff.
More Alan Greenspan Quotes
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I’m a plain soap kind of guy.
ALAN GREENSPAN -
If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
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This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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Market financed withdrawals of home equity in recent years.
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I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.
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It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.
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I’m not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
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Gold still represents the ultimate form of payment in the world.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
ALAN GREENSPAN -
Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity.
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Whatever you tax you get less of.
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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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History cannot be reduced to a set of statistics and probabilities.
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If you think you understand what I am saying you do not understand what I am saying.
ALAN GREENSPAN