[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
ALAN GREENSPANProductivity is notoriously difficult to predict.
More Alan Greenspan Quotes
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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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The process of innovation is, of course, never ending.
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I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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Any informed borrower is simply less vulnerable to fraud and abuse.
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All taxes are a drag on economic growth. It’s only a question of degree.
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What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.
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Revolutions are something you see only in retrospect.
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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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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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And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.
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The tub helps me relax, and it’s a great place to read.
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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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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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You can’t have the capitalist system if an increasing number of people think it is unjust.
ALAN GREENSPAN