An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
ALAN GREENSPANAn almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
ALAN GREENSPANWe can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
ALAN GREENSPANThe guiding purpose of the government regulator is to prevent rather than to create something.
ALAN GREENSPANRegulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
ALAN GREENSPANThe economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.
ALAN GREENSPANWe can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.
ALAN GREENSPANHow do we know when irrational exuberance has unduly escalated asset values?
ALAN GREENSPANCash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
ALAN GREENSPANThe use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions…
ALAN GREENSPANI love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
ALAN GREENSPANBut material success is possible in this world and far more satisfying when it comes without exploiting others.
ALAN GREENSPANAs long as we issue fiat currency, I see no alternative to a legal tender law.
ALAN GREENSPANCredit-default swaps, I think, have serious problems associated with them.
ALAN GREENSPANIn general, corruption tends to exist whenever governments have favors to extend, or something to sell.
ALAN GREENSPANGold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPANAnd whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.
ALAN GREENSPAN