Alan Greenspan Quotes, Made Quotes, Clear Quotes

If I've made myself clear, I've misspoken.

5 years ago

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

5 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , Dollars Quotes

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

5 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes

The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.

5 years ago

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Tags : Alan Greenspan Quotes , Years Quotes , Important 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.

5 years ago

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Tags : Alan Greenspan Quotes , Fall Quotes , Looks Quotes

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

5 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Oil 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

Amateurs want to be right. Professionals want to make money.

5 years ago

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Tags : Alan Greenspan Quotes , Want 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

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

5 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Rights Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Statistics Quotes

The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit. 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. Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.

5 years ago

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Tags : Alan Greenspan Quotes , Mean Quotes , Rights 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

People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Successful Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Numbers Quotes , Generations Quotes

I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.

5 years ago

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Tags : Alan Greenspan Quotes , Fun Quotes , Team Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Money Quotes

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

5 years ago

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Tags : Alan Greenspan Quotes , Trust Quotes , Business 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.

5 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Years Quotes