Alan Greenspan Quotes, Success Quotes, Business Quotes

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Success Quotes , Business Quotes

If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Gains Quotes , Action Quotes

American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Alternatives Quotes , Benefits Quotes

The process of innovation is, of course, never ending.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Innovation Quotes , Process Quotes

But rules cannot substitute for character.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Character Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Statistics Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Financial Quotes , Problem 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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Fall Quotes , Home Quotes

The tub helps me relax, and it's a great place to read.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Relax Quotes , Tubs Quotes

These days, even out of office, I still read economic reports.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Office Quotes , Economic Quotes

Excessive optimism sows the seeds of its own reversal.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes

It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Imagination Quotes , Able 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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Zero Quotes , United States 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

Message Copied

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

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Country Quotes , School Quotes

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

6 years ago

Message Copied

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Business Quotes , Years Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Government Quotes , Purpose Quotes

Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices. It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Integrity Quotes , Self Esteem Quotes

This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , People Quotes , Abnormal Quotes