Alan Greenspan Quotes, Office Quotes, Economic Quotes

These days, even out of office, I still read economic reports.

5 years ago

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Tags : Alan Greenspan Quotes , Office Quotes , Economic 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.

5 years ago

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Tags : Alan Greenspan Quotes , Zero Quotes , United States 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

Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

5 years ago

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Tags : Alan Greenspan Quotes , Clouds Quotes , Numbers Quotes

Anything that we can do to raise personal savings is very much in the interest of this country.

5 years ago

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Tags : Alan Greenspan Quotes , Country Quotes , Philosophy Quotes

Credit-default swaps, I think, have serious problems associated with them.

5 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Credit Quotes

This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.

5 years ago

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Tags : Alan Greenspan Quotes , People Quotes , Abnormal Quotes

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.

5 years ago

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Tags : Alan Greenspan Quotes , Self Quotes , Size Quotes

Whatever you tax you get less of.

5 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy Quotes

American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.

5 years ago

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Tags : Alan Greenspan Quotes , Alternatives Quotes , Benefits 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.

5 years ago

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

Productivity is notoriously difficult to predict.

5 years ago

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Tags : Alan Greenspan Quotes , Difficult 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.

5 years ago

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism. In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals. Eliminating such restrictions would reduce at least some of the income inequality.

5 years ago

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Tags : Alan Greenspan Quotes , America Quotes , Labor Force Quotes

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

5 years ago

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Tags : Alan Greenspan Quotes , Long Quotes , Risk Quotes

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

5 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Looks 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

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

5 years ago

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Tags : Alan Greenspan Quotes , Fall Quotes , Home 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

Revolutions are something you see only in retrospect.

5 years ago

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Tags : Alan Greenspan Quotes , Retrospect Quotes