Alan Greenspan Quotes, Regulation Quotes, Derivatives Quotes

Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Regulation Quotes , Derivatives Quotes

[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Principles Quotes , Republican Quotes

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Numbers Quotes , Needs 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

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Home Quotes , Years Quotes

Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Ignorance Quotes , Reality Quotes

Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I'm only half joking

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Office Quotes , President Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Alternatives Quotes , Benefits Quotes

Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Gold Quotes , Paper Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Country Quotes , Philosophy Quotes

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Statistics 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

Message Copied

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

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Successful Quotes , Coins 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

Message Copied

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

As long as we issue fiat currency, I see no alternative to a legal tender law.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Money Quotes , Law 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

Whatever you tax you get less of.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Economics Quotes , Economy 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

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

Message Copied

Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

5 years ago

Message Copied

Tags : Alan Greenspan Quotes , Imagination Quotes , Able Quotes