Alan Greenspan Quotes, Keys Quotes, Risk 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.

6 years ago

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Tags : Alan Greenspan Quotes , Keys Quotes , Risk 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.

6 years ago

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Tags : Alan Greenspan Quotes , Momentum Quotes , Financial Quotes

Whatever you tax you get less of.

6 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy 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.

6 years ago

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Bankers Quotes

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.

6 years ago

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Tags : Alan Greenspan Quotes , Self Quotes , Size 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.

6 years ago

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

And whatever their publicized angst over Saddam Hussein's 'weapons of mass destruction,' American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy. I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Mass Destruction 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.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

All taxes are a drag on economic growth. It's only a question of degree.

6 years ago

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Tags : Alan Greenspan Quotes , Political Quotes , Growth Quotes

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Expansion Quotes

As long as we issue fiat currency, I see no alternative to a legal tender law.

6 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Law Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Money Quotes

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.

6 years ago

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

6 years ago

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Tags : Alan Greenspan Quotes , Baseball Quotes , Golf 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.

6 years ago

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Credit Quotes

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

6 years ago

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Tags : Alan Greenspan Quotes , Dark Quotes , Giving Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Long Quotes , Choices Quotes

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

Rules cannot take the place of character.

6 years ago

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Tags : Alan Greenspan Quotes