Alan Greenspan Quotes, Thinking Quotes, Economist Quotes

If you think you understand what I am saying you do not understand what I am saying.

6 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Economist Quotes

These days, even out of office, I still read economic reports.

6 years ago

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Tags : Alan Greenspan Quotes , Office Quotes , Economic 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.

6 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath 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

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

6 years ago

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Tags : Alan Greenspan Quotes , Numbers Quotes , Generations 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

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

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

At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock, wage-skill differentials would be stable, and the percentage changes in wage rates would be the same for all job grades.

6 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Skills Quotes

If I say something which you understand fully in this regard, I probably made a mistake.

6 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made 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.

6 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Rights 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

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.

6 years ago

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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.

6 years ago

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Tags : Alan Greenspan Quotes , Successful Quotes , Stuff 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.

6 years ago

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn't be taking it to those who are willing to and are capable of doing so.

6 years ago

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Tags : Alan Greenspan Quotes , Business Quotes , Years Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Alternatives Quotes , Benefits Quotes

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.

6 years ago

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Tags : Alan Greenspan Quotes , Country Quotes , People 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.

6 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , Paper Quotes

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.

6 years ago

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Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes