Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
ALAN GREENSPANWhat we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.
More Alan Greenspan Quotes
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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 increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
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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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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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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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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I’m only half joking
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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
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Fiat money in extremis is accepted by nobody. Gold is always accepted.
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I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
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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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The Iraq War is largely about oil.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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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.
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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
ALAN GREENSPAN