I have long argued that paying down the national debt is beneficial for the economy.
ALAN GREENSPANMarket financed withdrawals of home equity in recent years.
More Alan Greenspan Quotes
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The Iraq War is largely about oil.
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I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.
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Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
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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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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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We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
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We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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There are no easy choices. Easy choices are long gone.
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It is decidedly not true that “nice guys finish last,” as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
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Whatever you tax you get less of.
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
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They seem to sense… that gold and economic freedom are inseparable.
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I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives.
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History cannot be reduced to a set of statistics and probabilities.
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Excessive optimism sows the seeds of its own reversal.
ALAN GREENSPAN