Alan Greenspan Quotes, Zero Quotes, United States 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

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

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Tags : Alan Greenspan Quotes , Government Quotes , Support Quotes

Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.

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Tags : Alan Greenspan Quotes , Resilience Quotes , Fiscal Policy 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.

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

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

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If prices go down, we will have problems - problems in the sense of spillover to other areas.

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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

Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud.

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Tags : Alan Greenspan Quotes , Believe Quotes , Thinking Quotes

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.

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Tags : Alan Greenspan Quotes , Believe Quotes , Risk 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

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

Now, I only play very occasionally, and in fact, more piano than clarinet or sax.

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Tags : Alan Greenspan Quotes , Play Quotes , Piano Quotes

I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There's an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.

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Tags : Alan Greenspan Quotes , Issues Quotes , Interesting Quotes

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

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Tags : Alan Greenspan Quotes , Easy Quotes , Legislation Quotes

Excessive optimism sows the seeds of its own reversal.

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There are no easy choices. Easy choices are long gone.

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Tags : Alan Greenspan Quotes , Long Quotes , Choices 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.

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.

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Tags : Alan Greenspan Quotes , Numbers Quotes , Needs Quotes

[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.

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Tags : Alan Greenspan Quotes , Principles Quotes , Republican Quotes

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

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Tags : Alan Greenspan Quotes , Guarantees Quotes , Investing Quotes