Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
ALAN GREENSPANThose of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
More Alan Greenspan Quotes
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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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Significantly opening up immigration to skilled workers solves two problems.
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
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Revolutions are something you see only in retrospect.
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The free lunch has still to be invented.
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Amateurs want to be right. Professionals want to make money.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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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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I have long argued that paying down the national debt is beneficial for the economy.
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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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If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine.
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In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.
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The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.
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The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
ALAN GREENSPAN






