Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPANI’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
More Alan Greenspan Quotes
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The guiding purpose of the government regulator is to prevent rather than to create something.
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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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The number one problem in today’s generation and economy is the lack of financial literacy.
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The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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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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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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It signals problems with respect to currency markets. Central banks should pay attention to it.
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If you think you understand what I am saying you do not understand what I am saying.
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Without calling the overall national issue a bubble, it’s pretty clear that it’s an unsustainable underlying pattern.
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I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.
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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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Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism.
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Fiat money in extremis is accepted by nobody. Gold is always accepted.
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
ALAN GREENSPAN