Alan Greenspan Quotes
Top 79 wise famous quotes and sayings by Alan Greenspan
Alan Greenspan Famous Quotes & Sayings
Discover top inspirational quotes from Alan Greenspan on Wise Famous Quotes.
I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant
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.
It's hard to tell which assets will be toxic. The best way to ensure that only shareholders and banks feel it is have adequate capital.
I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
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
Fear invariably and universally induces disengagement, and disengagement is negative division of labor.
Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.
I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.
No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.
Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
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.
Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.
We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.
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.
Our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.
American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.
I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.
I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult.
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.
Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.
The person I liked the best was Gerald R. Ford. He was the most decent man in politics I ever had any relationships with.
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.
The purpose of a politician is to be a leader. A politician has to lead. Otherwise he's just a follower.
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.
The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
Since 1948 I have spent every single day thinking how the economic and political worlds have changed.
We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.
Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.