Alan Greenspan Quotes, Trust Quotes, Business 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.

6 years ago

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Tags : Alan Greenspan Quotes , Trust Quotes , Business 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.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice Quotes

Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

6 years ago

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Tags : Alan Greenspan Quotes , Clouds Quotes , Numbers Quotes

The arts develop skills and habits of mind that are important for workers in the new economy of ideas.

6 years ago

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Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Years Quotes , Important Quotes

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

6 years ago

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Tags : Alan Greenspan Quotes , Running Quotes , Zero Quotes

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.

6 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Real Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Want Quotes

But rules cannot substitute for character.

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Tags : Alan Greenspan Quotes , Character Quotes

The tub helps me relax, and it's a great place to read.

6 years ago

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Tags : Alan Greenspan Quotes , Relax Quotes , Tubs Quotes

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

6 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary Quotes

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

6 years ago

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Tags : Alan Greenspan Quotes , Wall Quotes , Government Quotes

Whatever you tax you get less of.

6 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy Quotes

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

6 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Philosophy Quotes

Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices. It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.

6 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Self Esteem Quotes

Rules cannot take the place of character.

6 years ago

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Tags : Alan Greenspan 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.

6 years ago

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Tags : Alan Greenspan Quotes , Safety Quotes , Gold Quotes

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.

6 years ago

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Tags : Alan Greenspan Quotes , Self Quotes , Size Quotes

I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different. I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.

6 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Thinking Quotes