Alan Greenspan Quotes, Unique Quotes, Expansion 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

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.

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Tags : Alan Greenspan Quotes , People Quotes , Abnormal Quotes

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

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Tags : Alan Greenspan Quotes , Long Quotes , Debt 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

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice Quotes

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

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Tags : Alan Greenspan Quotes , Guarantees Quotes , Investing Quotes

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

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Tags : Alan Greenspan Quotes , Thinking Quotes , Economist 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.

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

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

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Tags : Alan Greenspan Quotes , Stress Quotes , Use Quotes

Productivity is notoriously difficult to predict.

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Tags : Alan Greenspan Quotes , Difficult Quotes

Any informed borrower is simply less vulnerable to fraud and abuse.

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Tags : Alan Greenspan Quotes , Success Quotes , Money 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.

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Tags : Alan Greenspan Quotes , Believe Quotes , Risk Quotes

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

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Tags : Alan Greenspan Quotes , Alternatives Quotes , Benefits Quotes

I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There's an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.

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Tags : Alan Greenspan Quotes , Issues Quotes , Interesting Quotes

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started to look at that, I was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

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Tags : Alan Greenspan Quotes , Fall Quotes , Looks Quotes

The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.

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Tags : Alan Greenspan Quotes , Successful Quotes , Coins 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

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

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Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes

What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.

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Tags : Alan Greenspan Quotes , Reality Quotes , People 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.

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Tags : Alan Greenspan Quotes , Two Quotes , Opening Up Quotes