Alan Greenspan Quotes, Unique Quotes, Expansion 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

Message Copied

Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

Deficit spending is simply a scheme for the confiscation of wealth.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Money Quotes , Gold 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

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

Message Copied

Tags : Alan Greenspan Quotes , Believe Quotes , Facts 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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

Whatever you tax you get less of.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Economics Quotes , Economy 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

Message Copied

Tags : Alan Greenspan Quotes , Reality Quotes , People Quotes

I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different. I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Real Quotes , Thinking Quotes

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started to look at that, I was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Fall Quotes , Looks Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Political Quotes , Growth 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

Message Copied

Tags : Alan Greenspan Quotes , Momentum Quotes , Financial Quotes

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Government Quotes , Self 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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Easy Quotes , Legislation 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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Mistake Quotes , Self Quotes

How do we know when irrational exuberance has unduly escalated asset values?

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Memorable Quotes , Assets Quotes

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Success Quotes , Honesty Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Money Quotes , Law Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Mistake Quotes , Made Quotes