It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.
ALAN GREENSPANProductivity is notoriously difficult to predict.
More Alan Greenspan Quotes
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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Significantly opening up immigration to skilled workers solves two problems.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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Rules cannot take the place of character.
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I’m a plain soap kind of guy.
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I don’t know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we’ve been talking about today or anything anybody else was talking about.
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When trust is lost, a nation’s ability to transact business is palpably undermined.
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Derivatives have permitted the unbundling of financial risks.
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We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures.
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Gold still represents the ultimate form of payment in the world.
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It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.
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The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
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If we are to remain preeminent in transforming knowledge into economic value, America’s system of higher education must remain the world’s leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.
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It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum.
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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
ALAN GREENSPAN






