Anything that we can do to raise personal savings is very much in the interest of this country.
ALAN GREENSPANThere is no evidence that the business cycle has been repealed.
More Alan Greenspan Quotes
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Productivity is notoriously difficult to predict.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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There is no evidence that the business cycle has been repealed.
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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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People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward.
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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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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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Unfortunately, Senator, nobody knows where the next innovative idea is coming from.
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Excessive optimism sows the seeds of its own reversal.
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If I seem unduly clear to you, you must have misunderstood what I said.
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But rules cannot substitute for character.
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When trust is lost, a nation’s ability to transact business is palpably undermined.
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I have long argued that paying down the national debt is beneficial for the economy.
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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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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
ALAN GREENSPAN