I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
ALAN GREENSPANAmerican consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
More Alan Greenspan Quotes
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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.
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Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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Without calling the overall national issue a bubble, it’s pretty clear that it’s an unsustainable underlying pattern.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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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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Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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Whatever you tax you get less of.
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Enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
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By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.
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I’m a better economist than I was a sax player.
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Revolutions are something you see only in retrospect.
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
ALAN GREENSPAN