Alan Greenspan Quotes, Financial Quotes, Problem Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Financial Quotes , Problem 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.

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Tags : Alan Greenspan Quotes , Successful Quotes , Coins Quotes

Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.

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Tags : Alan Greenspan Quotes , Regulation Quotes , Moral 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.

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Tags : Alan Greenspan Quotes , Gold Quotes , Paper Quotes

Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.

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Tags : Alan Greenspan Quotes , Keys Quotes , Incomplete Knowledge Quotes

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

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Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

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

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Tags : Alan Greenspan Quotes , Issues Quotes , Calling 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.

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Tags : Alan Greenspan Quotes , Mean Quotes , Cutting Quotes

Productivity is notoriously difficult to predict.

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Tags : Alan Greenspan Quotes , Difficult Quotes

There is no evidence that the business cycle has been repealed.

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Tags : Alan Greenspan Quotes , Evidence Quotes , Has Beens Quotes

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

5 years ago

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Tags : Alan Greenspan Quotes , Talking Quotes , Today 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.

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Tags : Alan Greenspan Quotes , Home Quotes , Years 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.

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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes

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

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Tags : Alan Greenspan Quotes , Thinking Quotes , Numbers Quotes

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

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Tags : Alan Greenspan Quotes , Happiness Quotes , Careers Quotes

Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.

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Tags : Alan Greenspan Quotes , Gold Quotes , Derivatives Quotes

Excessive optimism sows the seeds of its own reversal.

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Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.

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Tags : Alan Greenspan Quotes , Success Quotes , New York Quotes

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

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Tags : Alan Greenspan Quotes , Office Quotes , President Quotes

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

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Tags : Alan Greenspan Quotes , Success Quotes , Money Quotes