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  • Alan Greenspan Quotes   143
  • 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.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Mistake Quotes , Successful Quotes
  • I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different. I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Real Quotes , Thinking 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.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Cutting Quotes , Thinking Quotes
  • This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
  • 6 years ago



    Tags : Alan Greenspan Quotes , People Quotes , Abnormal Quotes
  • I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives. But material success is possible in this world and far more satisfying when it comes without exploiting others.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes
  • We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Country Quotes , School Quotes