Alan Greenspan Quotes, Realization Quotes, Starks Quotes

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

6 years ago

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Tags : Alan Greenspan Quotes , Realization Quotes , Starks Quotes

What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.

6 years ago

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Tags : Alan Greenspan Quotes , Reality Quotes , People 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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The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

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Tags : Alan Greenspan Quotes , Long Quotes , Debt Quotes

The need for values is inbred. Their content is not.

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

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

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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.

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion 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

The number one problem in today's generation and economy is the lack of financial literacy.

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Tags : Alan Greenspan Quotes , Numbers Quotes , Generations Quotes

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

6 years ago

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Tags : Alan Greenspan Quotes , Home Quotes , Years Quotes

Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.

6 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Opening Up 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.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Support 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

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

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Tags : Alan Greenspan Quotes , Long Quotes , Risk 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

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Tags : Alan Greenspan Quotes , Fall Quotes , Home Quotes

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

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes

When trust is lost, a nation's ability to transact business is palpably undermined.

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

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Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposition with facts and figures, it was without merit.

6 years ago

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Tags : Alan Greenspan Quotes , Believe Quotes , Facts Quotes