If I seem unduly clear to you, you must have misunderstood what I said.
ALAN GREENSPANIf prices go down, we will have problems – problems in the sense of spillover to other areas.
More Alan Greenspan Quotes
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If I’ve made myself clear, I’ve misspoken.
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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
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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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A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage.
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It signals problems with respect to currency markets. Central banks should pay attention to it.
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What an ideology is is a conceptual framework with the way people deal with reality.
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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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The guiding purpose of the government regulator is to prevent rather than to create something.
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Need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.
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I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
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And the percentage changes in wage rates would be the same for all job grades.
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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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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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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
ALAN GREENSPAN






