Greenspan, who knew so much more than most, knew far less than most supposed.
ALAN GREENSPANAnything that we can do to raise personal savings is very much in the interest of this country.
More Alan Greenspan Quotes
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The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
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Significantly opening up immigration to skilled workers solves two problems.
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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.
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The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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So there is no reason to suspect that the actual process of boosting rates would be any different.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
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Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I’m only half joking
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The Iraq War is largely about oil.
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If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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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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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
ALAN GREENSPAN