I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
ALAN GREENSPAN…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.
More Alan Greenspan Quotes
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While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.
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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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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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If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine.
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We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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Enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
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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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When trust is lost, a nation’s ability to transact business is palpably undermined.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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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 love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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Indeed, better risk management may be the only truly necessary element of success in banking.
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The need for values is inbred. Their content is not.
ALAN GREENSPAN