Alan Greenspan Quotes, Economics Quotes, Economy Quotes

Whatever you tax you get less of.

5 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Economist Quotes

Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills' - 'Senator, if I seem clear to you, you must have misunderstood me' - 'Unfortunately, Senator, nobody knows where the next innovative idea is coming from. Political decisions are never random and will always lose out to innovative alternatives

5 years ago

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Tags : Alan Greenspan Quotes , Lying Quotes , Moving 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

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

In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.

5 years ago

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Tags : Alan Greenspan Quotes , Momentum Quotes , Financial Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Credit Quotes

You can't have the capitalist system if an increasing number of people think it is unjust.

5 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Numbers 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.

5 years ago

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Tags : Alan Greenspan Quotes , Mean Quotes , Cutting Quotes

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

5 years ago

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

5 years ago

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Tags : Alan Greenspan Quotes , Zero Quotes , United States 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 demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.

5 years ago

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Tags : Alan Greenspan Quotes , Optimism Quotes , Imbalance Quotes

If we are to remain preeminent in transforming knowledge into economic value, America's system of higher education must remain the world's leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.

5 years ago

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Tags : Alan Greenspan Quotes , Teaching Quotes , Economic Value Quotes

The guiding purpose of the government regulator is to prevent rather than to create something.

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Tags : Alan Greenspan Quotes , Government Quotes , Purpose 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

...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.

5 years ago

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Tags : Alan Greenspan Quotes , Trust Quotes , Business Quotes

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started to look at that, I was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

5 years ago

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Tags : Alan Greenspan Quotes , Fall Quotes , Looks Quotes

There is no evidence that the business cycle has been repealed.

5 years ago

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Tags : Alan Greenspan Quotes , Evidence Quotes , Has Beens Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Philosophy Quotes