More from Alan Greenspan
Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
Alan GreenspanAlan Greenspan I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
Alan GreenspanAlan Greenspan By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.
Alan GreenspanAlan 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 GreenspanAlan Greenspan It is decidedly not true that “nice guys finish last,” as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
Alan GreenspanAlan Greenspan Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
Alan GreenspanAlan Greenspan Gold stands in the way of this insidious process. It stands as a protector of property rights.
Alan GreenspanAlan Greenspan The worst have failed; investors no longer fund them and are not likely to in the future.
Alan GreenspanAlan Greenspan History demonstrates that participants in financial markets are susceptible to waves of optimism.
Alan GreenspanAlan Greenspan But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
Alan GreenspanAlan Greenspan I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
Alan GreenspanAlan Greenspan The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
Alan GreenspanAlan Greenspan We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
Alan GreenspanAlan Greenspan The process of innovation is, of course, never ending.
Alan GreenspanAlan Greenspan In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
Alan GreenspanAlan Greenspan Anything that we can do to raise personal savings is very much in the interest of this country.
Alan GreenspanAlan Greenspan
Original quotes
From our community writers
Find someone who can hear you even when you’re silent.
Brad NeatonBrad Neaton Shadows follow me the way a vulture stalks death. One small step ahead.
Danielle MontgomeryDanielle Montgomery Hidden in the ashes, of a fallen building lays a child’s family photo, with whom he could never unite in life.
Heba NazarHeba Nazar To love something, someone. You don’t need to own them.
Sonika MSonika M When you miss someone, you realize their worth and your faith.
Aradhna S BirenAradhna S Biren The bed was the canvas, we were the art.
Jonny OxJonny Ox Every little part of your soul was made to shine.
Ashley PrzywolskiAshley Przywolski When in truth, it is the transparency that kills you. The pain of seeing through to something you can never quite touch.
Lang LeavLang Leav
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What you sow, you reap. It’s a law of nature. Network Marketing is perfectly aligned with that. You get truly, EXACTLY what you’re worth! No nepotism, no favoritism. That’s rare today.
Bob ProctorBob Proctor We wake up each day facing the age-old struggle of good and evil. In some situations mental illness clouds our judgment.
Adam HamiltonAdam Hamilton My favorite Catholic holiday is Easter. For those of you that don’t know, Easter is the day we celebrate Jesus rising from the grave and coming back to Earth as a rabbit that hides colored eggs.
Adam FerraraAdam Ferrara Whats nice about my dating life is that I dont have to leave my house. All I have to do is read the paper: Im marrying Richard Gere, dating Daniel Day-Lewis, parading around with John F. Kennedy, Jr., and even Robert De Niro was in there for a day.
Julia RobertsJulia Roberts The hardest part about being an entrepreneur is that you’ll fail ten times for every success.
Adam HorowitzAdam Horowitz It’s a shame really because a couple days in Oklahoma will open your eyes to how much better it would be if the rest of the country was filled with a few more people from Oklahoma.
Adam DuritzAdam Duritz My sincere hope and prayer is that, on the Day of Judgment, my Lord’s angels also recognize me as a Muslim and pull me aside for special treatment
Abu Ammaar Yasir QadhiAbu Ammaar Yasir Qadhi July 4th is Independence Day in the U.S., and it is celebrated in a truly American way by blowing things up and taking a day off from work.
Adam C. EngstAdam C. Engst