Alan Greenspan Quotes: top 88 famous quotes about Alan Greenspan

Alan Greenspan Quotes & Sayings

Happy to read and share the best inspirational Alan Greenspan quotes, sayings and quotations 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 — Alan Greenspan

Alan Greenspan is unskilled; you don't take the unskilled seriously. — Nassim Nicholas Taleb

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. — Alan Greenspan

Productivity is notoriously difficult to predict. — Alan Greenspan

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. — Alan Greenspan

We're a democratic society. Shutting down the government should not be on the agenda. — Alan Greenspan

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits. — Alan Greenspan

[On reporters trying to cajole a smile from her husband, Alan Greenspan:] For a Federal Reserve chairman, that was a smile. — Andrea Mitchell

Rules cannot take the place of character. — Alan Greenspan

I've always considered myself more of a mathematician than a psychologist. — Alan Greenspan

As long as we issue fiat currency, I see no alternative to a legal tender law. — Alan Greenspan

Our second big mistake - we thought that risk could be quantified. Our third big mistake - Alan Greenspan. The — Jade Chang

Remember, Alan Greenspan was a member of Ayn Rand's collective. To understand this is to understand why we are doomed with the Federal Reserve. — Peter Fonda

No man bears more responsibility for the present worldwide financial crisis and coming depression than Alan Greenspan. — Bill Bonner

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

Fear invariably and universally induces disengagement, and disengagement is negative division of labor. — Alan Greenspan

Unless you are willing to compromise, society cannot live together. — Alan Greenspan

If I've made myself clear, I've misspoken. — Alan Greenspan

Amateurs want to be right. Professionals want to make money. — Alan Greenspan

Excessive optimism sows the seeds of its own reversal. — Alan Greenspan

She pokes at a very wrinkled baked potato that somehow reminds me of Alan Greenspan. — Nic Tatano

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view. — Alan Greenspan

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 — Alan Greenspan

You wouldn't want Alan Greenspan to write the instructions for assembling a beach chair. — Robert Orben

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk. — Alan Greenspan

Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this. — Alan Greenspan

If I say something which you understand fully in this regard, I probably made a mistake. — Alan Greenspan

How do we know when irrational exuberance has unduly escalated asset values? — Alan Greenspan

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

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world. — Alan Greenspan

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. — Alan Greenspan

The process of innovation is, of course, never ending. — Alan Greenspan

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

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

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

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. — Alan Greenspan

But rules cannot substitute for character. — Alan Greenspan

The problem is you cannot have free global trade with highly restrictive, regulated domestic markets. — Alan Greenspan

Finance is wholly different from the rest the economy. — Alan Greenspan

There are no easy choices. Easy choices are long gone. — Alan Greenspan

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

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. — Alan Greenspan

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating. — Alan Greenspan

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

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

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

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

It is very difficult to predict when a bond crisis could happen. — Alan Greenspan

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. — Alan Greenspan

There's no other job in public life that is like chairman of the Fed. — Alan Greenspan

In general, corruption tends to exist whenever governments have favors to extend, or something to sell. — Alan Greenspan

The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius. — Alan Greenspan

Whatever you tax, you get less of. — Alan Greenspan

When trust is lost, a nation's ability to transact business is palpably undermined. — Alan Greenspan

The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult. — Alan Greenspan

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

If you think you understand what I am saying you do not understand what I am saying. — Alan Greenspan

Diplomacy is really far less important than the stock movements within Russia. — Alan Greenspan

The Iraq War is largely about oil. — Alan Greenspan

We really can't forecast all that well, and yet we pretend that we can, but we really can't. — Alan Greenspan

The free lunch has still to be invented. — Alan Greenspan

I'm a free-market economist from years and years back, and I've never veered from that. — Alan Greenspan

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. — Alan Greenspan

Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy. — Alan Greenspan

But the trouble is that he [Alan Greenspan] had been an Ayn Rander. You can take the boy out of the cult but you can't take the cult out of the boy. — Paul Samuelson

History cannot be reduced to a set of statistics and probabilities. — Alan Greenspan

You can't have the capitalist system if an increasing number of people think it is unjust. — Alan Greenspan

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

Any informed borrower is simply less vulnerable to fraud and abuse. — Alan Greenspan

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. — Alan Greenspan

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs. — Alan Greenspan

There is a limit to how much the United States Treasury can borrow. — Alan Greenspan

The purpose of a politician is to be a leader. A politician has to lead. Otherwise he's just a follower. — Alan Greenspan

If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the details. — Oliver E. Williamson

The number one problem in today's generation and economy is the lack of financial literacy. — Alan Greenspan

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. — Alan Greenspan

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

Since 1948 I have spent every single day thinking how the economic and political worlds have changed. — Alan Greenspan

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

The person I liked the best was Gerald R. Ford. He was the most decent man in politics I ever had any relationships with. — Alan Greenspan

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

Credit-default swaps, I think, have serious problems associated with them. — Alan Greenspan

Revolutions are something you see only in retrospect. — Alan Greenspan

One of the major problems with China is that its innovation is largely borrowed technology. — Alan Greenspan

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

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

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives. — Alan Greenspan

The need for values is inbred. Their content is not. — Alan Greenspan