Alan Greenspan Quotes, Moving Quotes, Together Quotes

If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.

6 years ago

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Tags : Alan Greenspan Quotes , Moving Quotes , Together 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

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.

6 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Interesting Quotes

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.

6 years ago

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Tags : Alan Greenspan Quotes , Freedom Quotes , Issues Quotes

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.

6 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Real Quotes

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

6 years ago

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Tags : Alan Greenspan Quotes , Home Quotes , Years 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 economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.

6 years ago

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Tags : Alan Greenspan Quotes , Numbers Quotes , Needs Quotes

I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.

6 years ago

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Tags : Alan Greenspan Quotes , Mean Quotes , Cutting Quotes

The process of innovation is, of course, never ending.

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Tags : Alan Greenspan Quotes , Innovation Quotes , Process Quotes

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

6 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Calling Quotes

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

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Tags : Alan Greenspan Quotes , Government Quotes , Purpose 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

The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.

6 years ago

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Tags : Alan Greenspan Quotes , Successful Quotes , Coins Quotes

[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.

6 years ago

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Tags : Alan Greenspan Quotes , Principles Quotes , Republican 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

The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

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Tags : Alan Greenspan Quotes , Zero Quotes , United States Quotes

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes

But rules cannot substitute for character.

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Tags : Alan Greenspan Quotes , Character Quotes

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

6 years ago

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Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes