Alan Greenspan Quotes, Principles Quotes, Republican Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Principles Quotes , Republican Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Guarantees Quotes , Investing Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Ignorance Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Issues Quotes , Calling Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Safety Quotes , Gold Quotes

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Government Quotes , Self Quotes

If you think you understand what I am saying you do not understand what I am saying.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Thinking Quotes , Economist Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Regulation Quotes , Derivatives Quotes

Excessive optimism sows the seeds of its own reversal.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes

Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposition with facts and figures, it was without merit.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Believe Quotes , Facts 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

Message Copied

Tags : Alan Greenspan Quotes , Real Quotes , Thinking 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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Mean Quotes , Cutting Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Gold Quotes , World Quotes

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Gold Quotes , Dollars Quotes

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

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Risk Quotes , Banking Quotes

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.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Believe Quotes , Thinking Quotes

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Numbers Quotes , Needs Quotes

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

6 years ago

Message Copied

Tags : Alan Greenspan Quotes , Running Quotes , Zero Quotes