I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
ALAN GREENSPANAmateurs want to be right. Professionals want to make money.
More Alan Greenspan Quotes
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The number one problem in today’s generation and economy is the lack of financial literacy.
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All taxes are a drag on economic growth. It’s only a question of degree.
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Gold still represents the ultimate form of payment in the world.
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It signals problems with respect to currency markets. Central banks should pay attention to it.
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If I’ve made myself clear, I’ve misspoken.
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How do we know when irrational exuberance has unduly escalated asset values?
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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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History cannot be reduced to a set of statistics and probabilities.
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Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset.
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum.
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Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices.
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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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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
ALAN GREENSPAN






