Alan Greenspan Quotes, Realization Quotes, Starks Quotes

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

5 years ago

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Tags : Alan Greenspan Quotes , Realization Quotes , Starks 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.

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Tags : Alan Greenspan Quotes , Safety Quotes , Gold 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

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

5 years ago

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Tags : Alan Greenspan Quotes , Wall Quotes , Government Quotes

Anything that we can do to raise personal savings is very much in the interest of this country.

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Tags : Alan Greenspan Quotes , Country Quotes , Philosophy Quotes

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

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Tags : Alan Greenspan Quotes , Regulation Quotes , Derivatives Quotes

I'm a better economist than I was a sax player.

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Tags : Alan Greenspan Quotes , Player Quotes

Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Bankers 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

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

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

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice Quotes

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

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Tags : Alan Greenspan Quotes , Happiness Quotes , Careers 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

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Tags : Alan Greenspan Quotes , Office Quotes , President 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

Revolutions are something you see only in retrospect.

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Tags : Alan Greenspan Quotes , Retrospect 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.

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

5 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Calling 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

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

5 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Money 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.

5 years ago

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Tags : Alan Greenspan Quotes , Freedom Quotes , Issues Quotes