Alan Greenspan Quotes, Mistake Quotes, Made Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made 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.

5 years ago

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Tags : Alan Greenspan Quotes , Gains Quotes , Action Quotes

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.

5 years ago

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.

5 years ago

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Tags : Alan Greenspan Quotes , Successful Quotes , Stuff Quotes

Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.

5 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Opening Up Quotes

I 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. But material success is possible in this world and far more satisfying when it comes without exploiting others.

5 years ago

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

Deficit spending is simply a scheme for the confiscation of wealth.

5 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Gold 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...

5 years ago

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Tags : Alan Greenspan Quotes , Ignorance Quotes , Reality Quotes

I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different. I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Thinking 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.

5 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , Dollars Quotes

People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Successful Quotes

It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have failed; investors no longer fund them and are not likely to in the future.

5 years ago

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Tags : Alan Greenspan Quotes , Business Quotes , Past Quotes

Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposition with facts and figures, it was without merit.

5 years ago

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Tags : Alan Greenspan Quotes , Believe Quotes , Facts Quotes

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

5 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Self Quotes

The Iraq War is largely about oil.

5 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.

5 years ago

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Tags : Alan Greenspan Quotes , Successful Quotes , Coins Quotes

History cannot be reduced to a set of statistics and probabilities.

5 years ago

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Tags : Alan Greenspan Quotes , Statistics Quotes

How do we know when irrational exuberance has unduly escalated asset values?

5 years ago

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Tags : Alan Greenspan Quotes , Memorable Quotes , Assets Quotes

The arts develop skills and habits of mind that are important for workers in the new economy of ideas.

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Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions... Derivatives have permitted the unbundling of financial risks.

5 years ago

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Tags : Alan Greenspan Quotes , Keys Quotes , Risk Quotes