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.
ALAN GREENSPANSo there is no reason to suspect that the actual process of boosting rates would be any different.
More Alan Greenspan Quotes
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If I say something which you understand fully in this regard, I probably made a mistake.
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But rules cannot substitute for character.
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Senator, if I seem clear to you, you must have misunderstood me’.
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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 seem to sense… that gold and economic freedom are inseparable.
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The worst have failed; investors no longer fund them and are not likely to in the future.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.
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Revolutions are something you see only in retrospect.
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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 am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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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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There is no evidence that the business cycle has been repealed.
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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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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






