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 GREENSPANAny informed borrower is simply less vulnerable to fraud and abuse.
More Alan Greenspan Quotes
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Institutions of the newer participants in global finance had not been tested, until recently…recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.
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What an ideology is is a conceptual framework with the way people deal with reality.
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Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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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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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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And she always has so much fun doing it. We make a good team.
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If we are to remain preeminent in transforming knowledge into economic value, America’s system of higher education must remain the world’s leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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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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If I say something which you understand fully in this regard, I probably made a mistake.
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Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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Any informed borrower is simply less vulnerable to fraud and abuse.
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Significantly opening up immigration to skilled workers solves two problems.
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It signals problems with respect to currency markets. Central banks should pay attention to it.
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It’s hard to overemphasize how important Ford’s deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first.
ALAN GREENSPAN