Alan Greenspan Quotes, Needs Quotes, Inbreds Quotes

The need for values is inbred. Their content is not.

6 years ago

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Tags : Alan Greenspan Quotes , Needs Quotes , Inbreds Quotes

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

6 years ago

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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.

6 years ago

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

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

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Tags : Alan Greenspan Quotes , Money Quotes , Gold 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.

6 years ago

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Tags : Alan Greenspan Quotes , Bells Quotes , May 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

All taxes are a drag on economic growth. It's only a question of degree.

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Tags : Alan Greenspan Quotes , Political Quotes , Growth 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.

6 years ago

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Tags : Alan Greenspan Quotes , Moving Quotes , Together Quotes

We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Years Quotes

Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud.

6 years ago

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Tags : Alan Greenspan Quotes , Believe Quotes , Thinking 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.

6 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Interesting 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.

6 years ago

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Tags : Alan Greenspan Quotes , Reality Quotes , People Quotes

The number one problem in today's generation and economy is the lack of financial literacy.

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Tags : Alan Greenspan Quotes , Numbers Quotes , Generations Quotes

Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.

6 years ago

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Bankers 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.

6 years ago

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Tags : Alan Greenspan Quotes , Home Quotes , House Quotes

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Investing Quotes

Excessive optimism sows the seeds of its own reversal.

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Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

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Tags : Alan Greenspan Quotes , Safety Quotes , Gold 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

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