Productivity is notoriously difficult to predict.
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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But material success is possible in this world and far more satisfying when it comes without exploiting others.
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The tub helps me relax, and it’s a great place to read.
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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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Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity.
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Political decisions are never random and will always lose out to innovative alternatives.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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Enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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Any informed borrower is simply less vulnerable to fraud and abuse.
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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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The number one problem in today’s generation and economy is the lack of financial literacy.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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There are no easy choices. Easy choices are long gone.
ALAN GREENSPAN