Alan Greenspan Quotes, Fun Quotes, Team Quotes

I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.

5 years ago

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Tags : Alan Greenspan Quotes , Fun Quotes , Team 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.

5 years ago

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Tags : Alan Greenspan Quotes , Safety Quotes , Gold Quotes

...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.

5 years ago

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Tags : Alan Greenspan Quotes , Trust Quotes , Business Quotes

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

5 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Education Quotes

If we are to remain preeminent in transforming knowledge into economic value, America's system of higher education must remain the world's leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.

5 years ago

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Tags : Alan Greenspan Quotes , Teaching Quotes , Economic Value Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Realization Quotes , Starks Quotes

Whatever you tax you get less of.

5 years ago

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Tags : Alan Greenspan Quotes , Economics Quotes , Economy Quotes

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.

5 years ago

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Tags : Alan Greenspan Quotes , Bells Quotes , May 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.

5 years ago

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Tags : Alan Greenspan Quotes , Believe Quotes , Thinking Quotes

We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.

5 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Years Quotes

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.

5 years ago

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Tags : Alan Greenspan Quotes , Easy Quotes , Legislation Quotes

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

5 years ago

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Tags : Alan Greenspan Quotes , Fall Quotes , Home Quotes

I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There's an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.

5 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Interesting Quotes

If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.

5 years ago

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Tags : Alan Greenspan Quotes , Gains Quotes , Action 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.

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Thinking Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made Quotes

There are no easy choices. Easy choices are long gone.

5 years ago

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Tags : Alan Greenspan Quotes , Long Quotes , Choices Quotes

It's a bubble. It has to have intrinsic value. 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.

5 years ago

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Tags : Alan Greenspan Quotes , Imagination Quotes , Able Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Needs Quotes

Deficit spending is simply a scheme for the confiscation of wealth.

5 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Gold Quotes