There are no easy choices. Easy choices are long gone.
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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Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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They seem to sense… that gold and economic freedom are inseparable.
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Gold still represents the ultimate form of payment in the world.
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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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Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset.
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Significantly opening up immigration to skilled workers solves two problems.
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We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.
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You can’t have the capitalist system if an increasing number of people think it is unjust.
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There’s an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.
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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 am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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If prices go down, we will have problems – problems in the sense of spillover to other areas.
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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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Any informed borrower is simply less vulnerable to fraud and abuse.
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And the percentage changes in wage rates would be the same for all job grades.
ALAN GREENSPAN






