Alan Greenspan Quotes, Political Quotes, Growth Quotes

All taxes are a drag on economic growth. It's only a question of degree.

5 years ago

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Tags : Alan Greenspan Quotes , Political Quotes , Growth 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.

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Thinking Quotes

Whatever you tax you get less of.

5 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy Quotes

Now, I only play very occasionally, and in fact, more piano than clarinet or sax.

5 years ago

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Tags : Alan Greenspan Quotes , Play Quotes , Piano Quotes

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Needs Quotes

There is no evidence that the business cycle has been repealed.

5 years ago

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Tags : Alan Greenspan Quotes , Evidence Quotes , Has Beens 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

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.

5 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary Quotes

I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Long Quotes

I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There's an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.

5 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Interesting 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

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

5 years ago

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Tags : Alan Greenspan Quotes , Relax Quotes , Tubs Quotes

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

5 years ago

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Investing 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.

5 years ago

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Tags : Alan Greenspan Quotes , Life Quotes , Success 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.

5 years ago

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Tags : Alan Greenspan Quotes , Bells Quotes , May Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Regulation Quotes , Derivatives Quotes

Productivity is notoriously difficult to predict.

5 years ago

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Tags : Alan Greenspan Quotes , Difficult 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

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

5 years ago

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Tags : Alan Greenspan Quotes , Happiness Quotes , Careers Quotes