Alan Greenspan Quotes, Moving Quotes, Together Quotes

If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.

5 years ago

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Tags : Alan Greenspan Quotes , Moving Quotes , Together 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.

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Tags : Alan Greenspan Quotes , Government Quotes , Self Quotes

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

5 years ago

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Tags : Alan Greenspan Quotes , Wall Quotes , Government 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.

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

Indeed, better risk management may be the only truly necessary element of success in banking.

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Tags : Alan Greenspan Quotes , Risk Quotes , Banking Quotes

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.

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Tags : Alan Greenspan Quotes , Bells Quotes , May 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.

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Tags : Alan Greenspan Quotes , Keys Quotes , Risk Quotes

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

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Tags : Alan Greenspan Quotes , Happiness Quotes , Careers Quotes

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.

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Tags : Alan Greenspan Quotes , Freedom Quotes , Issues Quotes

Excessive optimism sows the seeds of its own reversal.

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Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes

History demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.

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Tags : Alan Greenspan Quotes , Optimism Quotes , Imbalance 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.

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.

5 years ago

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Tags : Alan Greenspan Quotes , Numbers Quotes , Needs Quotes

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making

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Tags : Alan Greenspan Quotes , Success Quotes , Business Quotes

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

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Tags : Alan Greenspan Quotes , Money Quotes , Law Quotes

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

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Tags : Alan Greenspan Quotes , Realization Quotes , Starks Quotes

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.

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Tags : Alan Greenspan Quotes , Success Quotes , New York Quotes

If we are to remain preeminent in transforming knowledge into economic value, America's system of higher education must remain the world's leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.

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Tags : Alan Greenspan Quotes , Teaching Quotes , Economic Value 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.

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Tags : Alan Greenspan Quotes , War Quotes , Mass Destruction Quotes

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

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Tags : Alan Greenspan Quotes , Money Quotes , Gold Quotes