If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
ALAN GREENSPANI do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives.
More Alan Greenspan Quotes
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These days, even out of office, I still read economic reports.
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Was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.
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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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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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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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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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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.
ALAN GREENSPAN -
We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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Market financed withdrawals of home equity in recent years.
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The tub helps me relax, and it’s a great place to read.
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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
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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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If I’ve made myself clear, I’ve misspoken.
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Whatever you tax you get less of.
ALAN GREENSPAN






