Alan Greenspan Quotes, Imagination Quotes, Able Quotes

It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

5 years ago

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Tags : Alan Greenspan Quotes , Imagination Quotes , Able 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.

5 years ago

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Tags : Alan Greenspan Quotes , Moving Quotes , Together Quotes

Greenspan, who knew so much more than most, knew far less than most supposed.

5 years ago

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Tags : Alan Greenspan Quotes , Ignorance Quotes

I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Self Quotes

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

5 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Education Quotes

Indeed, better risk management may be the only truly necessary element of success in banking.

5 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Banking Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice 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There is no evidence that the business cycle has been repealed.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

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

5 years ago

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Tags : Alan Greenspan Quotes , Lying Quotes , Moving Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Want Quotes

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

5 years ago

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Tags : Alan Greenspan Quotes , Long Quotes , Debt Quotes

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

5 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.

5 years ago

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Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes

Revolutions are something you see only in retrospect.

5 years ago

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Tags : Alan Greenspan Quotes , Retrospect Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath 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

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

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.

5 years ago

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Tags : Alan Greenspan Quotes , Successful Quotes , Stuff Quotes

American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.

5 years ago

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Tags : Alan Greenspan Quotes , Alternatives Quotes , Benefits Quotes

Anything that we can do to raise personal savings is very much in the interest of this country.

5 years ago

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Tags : Alan Greenspan Quotes , Country Quotes , Philosophy Quotes