Alan Greenspan Quotes, Retrospect Quotes

Revolutions are something you see only in retrospect.

6 years ago

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Tags : Alan Greenspan Quotes , Retrospect Quotes

Amateurs want to be right. Professionals want to make money.

6 years ago

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Tags : Alan Greenspan Quotes , Want Quotes

I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.

6 years ago

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Tags : Alan Greenspan Quotes , Fun Quotes , Team 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

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Tags : Alan Greenspan Quotes , Imagination Quotes , Able Quotes

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

6 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Calling Quotes

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.

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Tags : Alan Greenspan Quotes , Life Quotes , Success 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

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Tags : Alan Greenspan Quotes , Zero Quotes , United States Quotes

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes

It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.

6 years ago

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Tags : Alan Greenspan Quotes , Years Quotes , Creative Quotes

[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.

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Tags : Alan Greenspan Quotes , Principles Quotes , Republican Quotes

In general, corruption tends to exist whenever governments have favors to extend, or something to sell.

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Tags : Alan Greenspan Quotes , Government Quotes , Favors Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Art Quotes , Skills 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

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

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

I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.

6 years ago

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Tags : Alan Greenspan Quotes , Mean Quotes , Cutting Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Play Quotes , Piano 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

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

You can't have the capitalist system if an increasing number of people think it is unjust.

6 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Numbers Quotes

I'm a plain soap kind of guy.

6 years ago

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Tags : Alan Greenspan Quotes , Guy Quotes , Soap Quotes