Alan Greenspan Quotes, Running Quotes, Zero Quotes

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

6 years ago

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Tags : Alan Greenspan Quotes , Running Quotes , Zero Quotes

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

6 years ago

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Tags : Alan Greenspan Quotes , Guarantees Quotes , Investing Quotes

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

6 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Philosophy Quotes

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

6 years ago

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Tags : Alan Greenspan Quotes , Home Quotes , Years Quotes

Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.

6 years ago

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Tags : Alan Greenspan Quotes , Regulation Quotes , Derivatives Quotes

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.

6 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary Quotes

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

6 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Rights Quotes

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

6 years ago

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Tags : Alan Greenspan Quotes , Long Quotes , Debt Quotes

If I say something which you understand fully in this regard, I probably made a mistake.

6 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made Quotes

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes

Institutions of the newer participants in global finance had not been tested, until recently...recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.

6 years ago

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Tags : Alan Greenspan Quotes , Running Quotes , Financial Quotes

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.

6 years ago

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Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.

6 years ago

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

6 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Looks Quotes

Any informed borrower is simply less vulnerable to fraud and abuse.

6 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Money Quotes

Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I'm only half joking

6 years ago

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Tags : Alan Greenspan Quotes , Office Quotes , President Quotes

The process of innovation is, of course, never ending.

6 years ago

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Tags : Alan Greenspan Quotes , Innovation Quotes , Process Quotes

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.

6 years ago

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Tags : Alan Greenspan Quotes , Safety Quotes , Gold Quotes

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

6 years ago

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice Quotes

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

6 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Needs Quotes