Alan Greenspan Quotes, Statistics Quotes

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

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Tags : Alan Greenspan Quotes , Statistics Quotes

The need for values is inbred. Their content is not.

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Tags : Alan Greenspan Quotes , Needs Quotes , Inbreds 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

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

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Tags : Alan Greenspan Quotes , Office Quotes , President 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

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Tags : Alan Greenspan Quotes , Running Quotes , Zero Quotes

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.

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Tags : Alan Greenspan Quotes , Resilience Quotes , Fiscal Policy 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

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.

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Tags : Alan Greenspan Quotes , Self Quotes , Size 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

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.

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Tags : Alan Greenspan Quotes , Business Quotes , Years 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.

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Tags : Alan Greenspan Quotes , Real Quotes , Thinking Quotes

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.

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Tags : Alan Greenspan Quotes , Believe Quotes , Risk Quotes

If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.

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Tags : Alan Greenspan Quotes , Political Quotes , Groups 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.

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Tags : Alan Greenspan Quotes , Safety Quotes , Gold Quotes

Revolutions are something you see only in retrospect.

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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 , Oil 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

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.

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

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

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Tags : Alan Greenspan Quotes , Regulation Quotes , Derivatives Quotes