Alan Greenspan Quotes, Money Quotes, Gold Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Gold Quotes

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

6 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Philosophy Quotes

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

6 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes

We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Years Quotes

Whatever you tax you get less of.

6 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy 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

Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.

6 years ago

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Tags : Alan Greenspan Quotes , Stress Quotes , Use 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.

6 years ago

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Tags : Alan Greenspan Quotes , Believe Quotes , Thinking 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

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Tags : Alan Greenspan Quotes , Mistake Quotes , Self Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Statistics 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 general, corruption tends to exist whenever governments have favors to extend, or something to sell.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Favors 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

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

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

6 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary 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 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

Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

6 years ago

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Tags : Alan Greenspan Quotes , Ignorance Quotes , Reality 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