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  • Alan Greenspan Quotes   143
  • I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Real Quotes , Long Quotes
  • Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices, ... This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath 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.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Fall Quotes , Looks 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.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes