Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
ALAN GREENSPANThe economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.
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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No one has ever eliminated any of that stuff.
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You can’t have the capitalist system if an increasing number of people think it is unjust.
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I have long argued that paying down the national debt is beneficial for the economy.
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The Iraq War is largely about oil.
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Productivity is notoriously difficult to predict.
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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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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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Amateurs want to be right. Professionals want to make money.
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Regulation – which is based on force and fear – undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.
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Senator, if I seem clear to you, you must have misunderstood me’.
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The number of mistakes I have made are just awesome. There is no number large enough to account for that.
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The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…
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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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The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions…
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