I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
ALAN GREENSPANI have one other issue I’d like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here.
More Alan Greenspan Quotes
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I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
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History cannot be reduced to a set of statistics and probabilities.
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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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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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I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
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Whatever you tax you get less of.
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While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.
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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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There are no easy choices. Easy choices are long gone.
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The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…
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I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
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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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Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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Before I met Ayn Rand, I was a logical positivist, and accordingly,
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As long as we issue fiat currency, I see no alternative to a legal tender law.
ALAN GREENSPAN






