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.
ALAN GREENSPANThe gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
More Alan Greenspan Quotes
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Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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Whatever you tax you get less of.
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The number one problem in today’s generation and economy is the lack of financial literacy.
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
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They seem to sense… that gold and economic freedom are inseparable.
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If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
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Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets.
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I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
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Rules cannot take the place of character.
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Market financed withdrawals of home equity in recent years.
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As long as we issue fiat currency, I see no alternative to a legal tender law.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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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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The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.
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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.
ALAN GREENSPAN