Greenspan, who knew so much more than most, knew far less than most supposed.
ALAN GREENSPAN
When trust is lost, a nation’s ability to transact business is palpably undermined.
More Alan Greenspan Quotes
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Greenspan, who knew so much more than most, knew far less than most supposed.
ALAN GREENSPAN -
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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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Senator, if I seem clear to you, you must have misunderstood me’.
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Market financed withdrawals of home equity in recent years.
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When trust is lost, a nation’s ability to transact business is palpably undermined.
ALAN GREENSPAN -
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The tub helps me relax, and it’s a great place to read.
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People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward.
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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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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
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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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It’s a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it. Maybe somebody else can.
ALAN GREENSPAN