I don’t know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we’ve been talking about today or anything anybody else was talking about.
ALAN GREENSPANBut material success is possible in this world and far more satisfying when it comes without exploiting others.
More Alan Greenspan Quotes
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There are no easy choices. Easy choices are long gone.
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The tub helps me relax, and it’s a great place to read.
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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.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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The Iraq War is largely about oil.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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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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The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
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If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine.
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If you think you understand what I am saying you do not understand what I am saying.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade.
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It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.
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The number one problem in today’s generation and economy is the lack of financial literacy.
ALAN GREENSPAN