Enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
ALAN GREENSPANAmerican and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
More Alan Greenspan Quotes
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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.
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Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
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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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We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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So there is no reason to suspect that the actual process of boosting rates would be any different.
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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History demonstrates that participants in financial markets are susceptible to waves of optimism.
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Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
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Whatever you tax you get less of.
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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
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The process of innovation is, of course, never ending.
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There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
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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.
ALAN GREENSPAN