Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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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We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures.
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Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
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Then fear hits, and it comes down very sharply. When I started to look at that.
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If I’ve made myself clear, I’ve misspoken.
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If I seem unduly clear to you, you must have misunderstood what I said.
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All taxes are a drag on economic growth. It’s only a question of degree.
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The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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Excessive optimism sows the seeds of its own reversal.
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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
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The increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
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Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
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Rules cannot take the place of character.
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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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If prices go down, we will have problems – problems in the sense of spillover to other areas.
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If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.
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I’m a plain soap kind of guy.
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I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically — I should say, fully — hedged.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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Unfortunately, Senator, nobody knows where the next innovative idea is coming from.
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The number one problem in today’s generation and economy is the lack of financial literacy.
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There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.
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We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
ALAN GREENSPAN