The number one problem in today’s generation and economy is the lack of financial literacy.
ALAN GREENSPANPolitical decisions are never random and will always lose out to innovative alternatives.
More Alan Greenspan Quotes
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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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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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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Productivity is notoriously difficult to predict.
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While these tendencies were no doubt in train in the “old,” pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
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Significantly opening up immigration to skilled workers solves two problems.
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Fiat money in extremis is accepted by nobody. Gold is always accepted.
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I’m a plain soap kind of guy.
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History cannot be reduced to a set of statistics and probabilities.
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No one has ever eliminated any of that stuff.
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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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…our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
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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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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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Then fear hits, and it comes down very sharply. When I started to look at that.
ALAN GREENSPAN






