Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
ALAN GREENSPAN- I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
ALAN GREENSPAN
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I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
More Alan Greenspan Quotes
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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.
ALAN GREENSPAN -
I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
ALAN GREENSPANI’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
ALAN GREENSPAN -
Greenspan, who knew so much more than most, knew far less than most supposed.
ALAN GREENSPANGreenspan, who knew so much more than most, knew far less than most supposed.
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If I seem unduly clear to you, you must have misunderstood what I said.
ALAN GREENSPANIf I seem unduly clear to you, you must have misunderstood what I said.
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Need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.
ALAN GREENSPANNeed to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.
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The number of mistakes I have made are just awesome. There is no number large enough to account for that.
ALAN GREENSPANThe number of mistakes I have made are just awesome. There is no number large enough to account for that.
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Political decisions are never random and will always lose out to innovative alternatives.
ALAN GREENSPANPolitical decisions are never random and will always lose out to innovative alternatives.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
ALAN GREENSPANI am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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There are no easy choices. Easy choices are long gone.
ALAN GREENSPANThere are no easy choices. Easy choices are long gone.
ALAN GREENSPAN -
If I say something which you understand fully in this regard, I probably made a mistake.
ALAN GREENSPANIf I say something which you understand fully in this regard, I probably made a mistake.
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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 GREENSPANIn the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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There is no evidence that the business cycle has been repealed.
ALAN GREENSPANThere is no evidence that the business cycle has been repealed.
ALAN GREENSPAN -
I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
ALAN GREENSPANI came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
ALAN GREENSPAN -
But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
ALAN GREENSPANBut how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
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The number one problem in today’s generation and economy is the lack of financial literacy.
ALAN GREENSPANThe number one problem in today’s generation and economy is the lack of financial literacy.
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The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.
ALAN GREENSPANThe only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.
ALAN GREENSPAN


