The process of innovation is, of course, never ending.
ALAN GREENSPANSince I’ve become a central banker, I’ve learned to mumble with great incoherence.
More Alan Greenspan Quotes
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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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There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.
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Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
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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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We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].
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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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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
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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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When trust is lost, a nation’s ability to transact business is palpably undermined.
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To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education – literacy, both verbal and numerical, and communication skills.
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
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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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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
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Any informed borrower is simply less vulnerable to fraud and abuse.
ALAN GREENSPAN