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.
ALAN GREENSPANRecent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets.
More Alan Greenspan Quotes
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Amateurs want to be right. Professionals want to make money.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine.
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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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When trust is lost, a nation’s ability to transact business is palpably undermined.
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While these tendencies were no doubt in train in the “old,” pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
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History cannot be reduced to a set of statistics and probabilities.
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There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.
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Senator, if I seem clear to you, you must have misunderstood me’.
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I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
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I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
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The tub helps me relax, and it’s a great place to read.
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Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.
ALAN GREENSPAN