Alan Greenspan Quotes, Gold Quotes, World Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , World Quotes

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Self Quotes

History demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.

6 years ago

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Tags : Alan Greenspan Quotes , Optimism Quotes , Imbalance Quotes

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

6 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Looks 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

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

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.

6 years ago

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Tags : Alan Greenspan Quotes , Political Quotes , Groups Quotes

The guiding purpose of the government regulator is to prevent rather than to create something.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Purpose 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.

6 years ago

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Tags : Alan Greenspan Quotes , Country Quotes , School Quotes

If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.

6 years ago

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Tags : Alan Greenspan Quotes , Gains Quotes , Action Quotes

If prices go down, we will have problems - problems in the sense of spillover to other areas.

6 years ago

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Tags : Alan Greenspan Quotes , Financial Quotes , Problem 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

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

6 years ago

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Tags : Alan Greenspan Quotes , Guarantees Quotes , Investing 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

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.

6 years ago

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Tags : Alan Greenspan Quotes , Diversity Quotes , Imbalance Quotes

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.

6 years ago

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

6 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , Dollars 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

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.

6 years ago

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Tags : Alan Greenspan Quotes , Fun Quotes , Team Quotes

If I've made myself clear, I've misspoken.

6 years ago

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes