There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
ALAN GREENSPANThere are no easy choices. Easy choices are long gone.
More Alan Greenspan Quotes
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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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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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Revolutions are something you see only in retrospect.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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Whatever you tax you get less of.
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I’ve been in and out of Wall Street since 1949, and I’ve never seen the type of animosity between government and Wall Street. And I’m not sure where it comes from, but I suspect it’s got to do with a general schism in this society which is really becoming ever more destructive.
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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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I’m a better economist than I was a sax player.
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Political decisions are never random and will always lose out to innovative alternatives.
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The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.
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They seem to sense… that gold and economic freedom are inseparable.
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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
ALAN GREENSPAN