And she always has so much fun doing it. We make a good team.
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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If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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There’s an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.
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Then fear hits, and it comes down very sharply. When I started to look at that.
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What an ideology is is a conceptual framework with the way people deal with reality.
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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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Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
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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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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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This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
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I’m a better economist than I was a sax player.
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The free lunch has still to be invented.
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
ALAN GREENSPAN