Alan Greenspan Quotes, Baseball Quotes, Golf Quotes

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

5 years ago

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Tags : Alan Greenspan Quotes , Baseball Quotes , Golf Quotes

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

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath 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

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

5 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Law Quotes

The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.

5 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Technology 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.

5 years ago

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Tags : Alan Greenspan Quotes , Keys Quotes , Risk Quotes

The Iraq War is largely about oil.

5 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Oil 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.

5 years ago

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Tags : Alan Greenspan Quotes , Fun Quotes , Team 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.

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Tags : Alan Greenspan Quotes , Easy Quotes , Legislation 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.

5 years ago

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Tags : Alan Greenspan Quotes , Years Quotes , Creative Quotes

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.

5 years ago

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Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking 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.

5 years ago

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

The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.

5 years ago

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Tags : Alan Greenspan Quotes , Years Quotes , Important Quotes

Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills' - 'Senator, if I seem clear to you, you must have misunderstood me' - 'Unfortunately, Senator, nobody knows where the next innovative idea is coming from. Political decisions are never random and will always lose out to innovative alternatives

5 years ago

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Tags : Alan Greenspan Quotes , Lying Quotes , Moving Quotes

Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I'm only half joking

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Tags : Alan Greenspan Quotes , Office Quotes , President 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.

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

5 years ago

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Tags : Alan Greenspan Quotes , Trust Quotes , Business Quotes

The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.

5 years ago

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Tags : Alan Greenspan Quotes , Home Quotes , House Quotes

Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.

5 years ago

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Tags : Alan Greenspan Quotes , Regulation Quotes , Moral Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Calling Quotes