Alan Greenspan Quotes, Bells Quotes, May Quotes

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.

6 years ago

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Tags : Alan Greenspan Quotes , Bells Quotes , May Quotes

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making

6 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Business Quotes

If you think you understand what I am saying you do not understand what I am saying.

6 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Economist Quotes

Credit-default swaps, I think, have serious problems associated with them.

6 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Credit Quotes

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.

6 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Self Quotes

In general, corruption tends to exist whenever governments have favors to extend, or something to sell.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Favors Quotes

I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

6 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Long Quotes

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.

6 years ago

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Tags : Alan Greenspan Quotes , Talking Quotes , Today Quotes

When trust is lost, a nation's ability to transact business is palpably undermined.

6 years ago

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Tags : Alan Greenspan Quotes , Lost Quotes , Ability Quotes

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.

6 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , New York 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

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

6 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , Dollars Quotes

The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...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.

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Technology Quotes

Rules cannot take the place of character.

6 years ago

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Tags : Alan Greenspan Quotes

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.

6 years ago

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Tags : Alan Greenspan Quotes , Self Quotes , Size Quotes

Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

6 years ago

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Tags : Alan Greenspan Quotes , Ignorance Quotes , Reality Quotes

I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.

6 years ago

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Tags : Alan Greenspan Quotes , Mean Quotes , Cutting Quotes

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.

6 years ago

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Tags : Alan Greenspan Quotes , Freedom Quotes , Issues Quotes

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.

6 years ago

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Tags : Alan Greenspan Quotes , Gains Quotes , Action Quotes