Alan Greenspan Quotes, Freedom Quotes, Issues 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.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Freedom Quotes , Issues Quotes

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Government Quotes , Support 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.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Happiness Quotes , Careers Quotes

It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have failed; investors no longer fund them and are not likely to in the future.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Business Quotes , Past 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

Message Copied

Tags : Alan Greenspan Quotes , Moving Quotes , Together 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

Message Copied

Tags : Alan Greenspan Quotes , Lying Quotes , Moving Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Success Quotes , Education Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Stress Quotes , Use Quotes

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Success Quotes , Honesty Quotes

People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Mistake Quotes , Successful Quotes

The guiding purpose of the government regulator is to prevent rather than to create something.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Government Quotes , Purpose Quotes

The tub helps me relax, and it's a great place to read.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Relax Quotes , Tubs Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Statistics Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Baseball Quotes , Golf Quotes

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Money Quotes , Rights Quotes

If you think you understand what I am saying you do not understand what I am saying.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Thinking Quotes , Economist Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Believe Quotes , Risk 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

Message Copied

Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes