Alan Greenspan Quotes, Diversity Quotes, Imbalance Quotes

While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.

5 years ago

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Tags : Alan Greenspan Quotes , Diversity Quotes , Imbalance Quotes

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.

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Tags : Alan Greenspan Quotes , Country Quotes , School Quotes

Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.

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Tags : Alan Greenspan Quotes , Stress Quotes , Use 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.

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Tags : Alan Greenspan Quotes , Money Quotes , Rights 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.

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

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

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Tags : Alan Greenspan Quotes , Want Quotes

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

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Tags : Alan Greenspan Quotes , Success Quotes , Money Quotes

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

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Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

There is no evidence that the business cycle has been repealed.

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Tags : Alan Greenspan Quotes , Evidence Quotes , Has Beens Quotes

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

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Tags : Alan Greenspan Quotes , Relax Quotes , Tubs Quotes

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

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Tags : Alan Greenspan Quotes , Realization Quotes , Starks Quotes

Deficit spending is simply a scheme for the confiscation of wealth.

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Tags : Alan Greenspan Quotes , Money Quotes , Gold Quotes

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

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Tags : Alan Greenspan Quotes , Money Quotes , Law Quotes

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

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Tags : Alan Greenspan Quotes , Easy Quotes , Legislation Quotes

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

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice Quotes

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.

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Tags : Alan Greenspan Quotes , Success Quotes , New York Quotes

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

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Tags : Alan Greenspan Quotes , Gold Quotes , World Quotes

Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills' - 'Senator, if I seem clear to you, you must have misunderstood me' - 'Unfortunately, Senator, nobody knows where the next innovative idea is coming from. Political decisions are never random and will always lose out to innovative alternatives

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Tags : Alan Greenspan Quotes , Lying Quotes , Moving Quotes

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

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Tags : Alan Greenspan Quotes , Fall Quotes , Home Quotes

Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Bankers Quotes