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.
ALAN GREENSPANIf I say something which you understand fully in this regard, I probably made a mistake.
More Alan Greenspan Quotes
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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.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
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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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Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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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 didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
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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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Was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.
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I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
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I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market.
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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
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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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The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…
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I don’t know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we’ve been talking about today or anything anybody else was talking about.
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I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically — I should say, fully — hedged.
ALAN GREENSPAN