Significantly opening up immigration to skilled workers solves two problems.
ALAN GREENSPANDeficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
More Alan Greenspan Quotes
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Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
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They seem to sense… that gold and economic freedom are inseparable.
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But material success is possible in this world and far more satisfying when it comes without exploiting others.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.
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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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The worst have failed; investors no longer fund them and are not likely to in the future.
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
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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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What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.
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Gold still represents the ultimate form of payment in the world.
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…our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
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If I seem unduly clear to you, you must have misunderstood what I said.
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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.
ALAN GREENSPAN






