Alan Greenspan Quotes, Retrospect Quotes

Revolutions are something you see only in retrospect.

5 years ago

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Tags : Alan Greenspan Quotes , Retrospect 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

Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices, ... This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes

Productivity is notoriously difficult to predict.

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Tags : Alan Greenspan Quotes , Difficult Quotes

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

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Tags : Alan Greenspan Quotes , Thinking Quotes , Economist 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.

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Tags : Alan Greenspan Quotes , Gold Quotes , Dollars Quotes

Whatever you tax you get less of.

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy 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.

5 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary 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.

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Tags : Alan Greenspan Quotes , Bells Quotes , May Quotes

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

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made Quotes

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?

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Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

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Tags : Alan Greenspan Quotes , Success Quotes , Education Quotes

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn't be taking it to those who are willing to and are capable of doing so.

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Tags : Alan Greenspan Quotes , Business Quotes , Years Quotes

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

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Tags : Alan Greenspan Quotes , Statistics 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.

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Tags : Alan Greenspan Quotes , Average Quotes , Musician 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

If I've made myself clear, I've misspoken.

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes

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

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Tags : Alan Greenspan Quotes , Government Quotes , Favors Quotes

I'm a plain soap kind of guy.

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Tags : Alan Greenspan Quotes , Guy Quotes , Soap Quotes

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

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Tags : Alan Greenspan Quotes , Fall Quotes , Home Quotes