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  • Alan Greenspan Quotes   143
  • 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



    Tags : Alan Greenspan Quotes , Keys Quotes , Risk Quotes
  • I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Real Quotes , Long 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



    Tags : Alan Greenspan Quotes , People Quotes , Abnormal Quotes
  • It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Years Quotes , Creative 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.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Issues Quotes , Interesting Quotes
  • I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives. But material success is possible in this world and far more satisfying when it comes without exploiting others.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes
  • Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Successful Quotes , Stuff 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.
  • 5 years ago



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