Greenspan, who knew so much more than most, knew far less than most supposed.
ALAN GREENSPANI didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
More Alan Greenspan Quotes
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Anything that we can do to raise personal savings is very much in the interest of this country.
ALAN GREENSPAN -
I didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
ALAN GREENSPAN -
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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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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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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Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices.
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I’m a plain soap kind of guy.
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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
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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.
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
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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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The free lunch has still to be invented.
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I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
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They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
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I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
ALAN GREENSPAN