--- title: "10 Needs Quotes By Alan Greenspan" description: "10 Needs quotes by Alan Greenspan. Plus more from Alan Greenspan and more Needs sayings from other authors." image: "https://sms4smile.com/quotes/i/36f/alan-greenspan-1834_happiness_the-need-for-values-is-inbred-their-cont_3203267.png" --- > [The need for values is inbred. Their content is not.](https://sms4smile.com/quotes/alan-greenspan/the-need-for-values-is-inbred-their-content-is-not/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/36f/alan-greenspan-1834_happiness_the-need-for-values-is-inbred-their-cont_3203267.png) > [Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a…](https://sms4smile.com/quotes/alan-greenspan/well-you-probably-will-always-believe-there-should-be-laws-against/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png) > [We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy,…](https://sms4smile.com/quotes/alan-greenspan/we-as-central-bankers-need-not-be-concerned-if-a-collapsing-financial/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/3db/alan-greenspan-1834_assets_we-as-central-bankers-need-not-be-concer_1901275.png) > [What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to…](https://sms4smile.com/quotes/alan-greenspan/what-an-ideology-is-is-a-conceptual-framework-with-the-way-people/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/a29/alan-greenspan-1834_accurate_what-an-ideology-is-is-a-conceptual-fram_2383837.jpg) > [A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the…](https://sms4smile.com/quotes/alan-greenspan/a-decline-in-the-national-housing-price-level-would-need-to-be/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/f11/alan-greenspan-1834_built_a-decline-in-the-national-housing-price_54888.png) > [Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers…](https://sms4smile.com/quotes/alan-greenspan/significantly-opening-up-immigration-to-skilled-workers-solves-two/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/88d/alan-greenspan-1834_company_significantly-opening-up-immigration-to_2427678.png) > [At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly…](https://sms4smile.com/quotes/alan-greenspan/at-the-risk-of-some-oversimplification-if-the-skill-composition-of/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/e7f/alan-greenspan-1834_complexes_at-the-risk-of-some-oversimplification-i_16452.png) > [The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are…](https://sms4smile.com/quotes/alan-greenspan/the-economy-is-turning-and-credit-comes-in-with-a-lag-to-the-extent/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/b2e/alan-greenspan-1834_change-for-the-bette_the-economy-is-turning-and-credit-comes_1520291.png) > [Given our inevitably incomplete knowledge about key structural aspects of an everchanging economy and the sometimes asymmetric costs or benefits of particular…](https://sms4smile.com/quotes/alan-greenspan/given-our-inevitably-incomplete-knowledge-about-key-structural-2/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/c6a/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_3192272.jpg) > [Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular…](https://sms4smile.com/quotes/alan-greenspan/given-our-inevitably-incomplete-knowledge-about-key-structural/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) [Image](https://sms4smile.com/quotes/i/708/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_2090597.png) ## Other authors on Needs ## More by Alan Greenspan > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock,…](https://sms4smile.com/quotes/alan-greenspan/at-the-risk-of-some-oversimplification-if-the-skill-composition-of/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal…](https://sms4smile.com/quotes/alan-greenspan/to-succeed-you-will-soon-learn-as-i-did-the-importance-of-a-solid/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.](https://sms4smile.com/quotes/alan-greenspan/i-ve-always-argued-that-this-country-has-benefited-immensely-from-the/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It…](https://sms4smile.com/quotes/alan-greenspan/i-cannot-conceive-of-a-politically-feasible-solution-to-this-problem/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [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…](https://sms4smile.com/quotes/alan-greenspan/before-i-met-ayn-rand-i-was-a-logical-positivist-and-accordingly-i/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [ Skilled shortages in America exist because we are shielding our skilled labor force from world competition. \[Visa quotas\] have been substituted for the wage… ](https://sms4smile.com/quotes/alan-greenspan/skilled-shortages-in-america-exist-because-we-are-shielding-our/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority…](https://sms4smile.com/quotes/alan-greenspan/a-decline-in-the-national-housing-price-level-would-need-to-be/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the…](https://sms4smile.com/quotes/alan-greenspan/although-the-outlook-is-clouded-by-a-number-of-uncertainties-the/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in…](https://sms4smile.com/quotes/alan-greenspan/at-the-outset-of-the-creation-of-the-euro-in-1999-it-was-expected/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [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…](https://sms4smile.com/quotes/alan-greenspan/we-may-be-in-a-rapidly-evolving-international-financial-system-with/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [The guiding purpose of the government regulator is to prevent rather than to create something.](https://sms4smile.com/quotes/alan-greenspan/the-guiding-purpose-of-the-government-regulator-is-to-prevent-rather/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [“government regulation cannot substitute for individual integrity.”](https://sms4smile.com/quotes/alan-greenspan/government-regulation-cannot-substitute-for-individual-integrity/) [Alan Greenspan](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/alan-greenspan/our-market-system-depends-critically-on-trust-trust-in-the-word-of/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged…](https://sms4smile.com/quotes/alan-greenspan/it-s-hard-to-overemphasize-how-important-ford-s-deregulation-was-true/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/needs/alan-greenspan/#itemlist", "name": "10 Needs Quotes By Alan Greenspan", "numberOfItems": 10, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "The need for values is inbred. Their content is not.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/the-need-for-values-is-inbred-their-content-is-not/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/36f/alan-greenspan-1834_happiness_the-need-for-values-is-inbred-their-cont_3203267.png", "contentUrl": "https://sms4smile.com/quotes/i/36f/alan-greenspan-1834_happiness_the-need-for-values-is-inbred-their-cont_3203267.png", "url": "https://sms4smile.com/quotes/i/36f/alan-greenspan-1834_happiness_the-need-for-values-is-inbred-their-cont_3203267.png", "width": 1080, "height": 1080, "caption": "“The need for values is inbred. Their content is not.” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/well-you-probably-will-always-believe-there-should-be-laws-against/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png", "contentUrl": "https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png", "url": "https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png", "width": 1080, "height": 1080, "caption": "“Well, you probably will always believe there should be laws against fraud, and I don't think there is any…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/we-as-central-bankers-need-not-be-concerned-if-a-collapsing-financial/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/3db/alan-greenspan-1834_assets_we-as-central-bankers-need-not-be-concer_1901275.png", "contentUrl": "https://sms4smile.com/quotes/i/3db/alan-greenspan-1834_assets_we-as-central-bankers-need-not-be-concer_1901275.png", "url": "https://sms4smile.com/quotes/i/3db/alan-greenspan-1834_assets_we-as-central-bankers-need-not-be-concer_1901275.png", "width": 1080, "height": 1080, "caption": "“We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/what-an-ideology-is-is-a-conceptual-framework-with-the-way-people/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a29/alan-greenspan-1834_accurate_what-an-ideology-is-is-a-conceptual-fram_2383837.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a29/alan-greenspan-1834_accurate_what-an-ideology-is-is-a-conceptual-fram_2383837.jpg", "url": "https://sms4smile.com/quotes/i/a29/alan-greenspan-1834_accurate_what-an-ideology-is-is-a-conceptual-fram_2383837.jpg", "width": 1080, "height": 1080, "caption": "“What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/a-decline-in-the-national-housing-price-level-would-need-to-be/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f11/alan-greenspan-1834_built_a-decline-in-the-national-housing-price_54888.png", "contentUrl": "https://sms4smile.com/quotes/i/f11/alan-greenspan-1834_built_a-decline-in-the-national-housing-price_54888.png", "url": "https://sms4smile.com/quotes/i/f11/alan-greenspan-1834_built_a-decline-in-the-national-housing-price_54888.png", "width": 1080, "height": 1080, "caption": "“A decline in the national housing price level would need to be substantial to trigger a significant rise in…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/significantly-opening-up-immigration-to-skilled-workers-solves-two/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/88d/alan-greenspan-1834_company_significantly-opening-up-immigration-to_2427678.png", "contentUrl": "https://sms4smile.com/quotes/i/88d/alan-greenspan-1834_company_significantly-opening-up-immigration-to_2427678.png", "url": "https://sms4smile.com/quotes/i/88d/alan-greenspan-1834_company_significantly-opening-up-immigration-to_2427678.png", "width": 1080, "height": 1080, "caption": "“Significantly opening up immigration to skilled workers solves two problems. The companies could hire the…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock, wage-skill differentials would be stable, and the percentage changes in wage rates would be the same for all job grades.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/at-the-risk-of-some-oversimplification-if-the-skill-composition-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/e7f/alan-greenspan-1834_complexes_at-the-risk-of-some-oversimplification-i_16452.png", "contentUrl": "https://sms4smile.com/quotes/i/e7f/alan-greenspan-1834_complexes_at-the-risk-of-some-oversimplification-i_16452.png", "url": "https://sms4smile.com/quotes/i/e7f/alan-greenspan-1834_complexes_at-the-risk-of-some-oversimplification-i_16452.png", "width": 1080, "height": 1080, "caption": "“At the risk of some oversimplification, if the skill composition of our work force meshed fully with the…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/the-economy-is-turning-and-credit-comes-in-with-a-lag-to-the-extent/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b2e/alan-greenspan-1834_change-for-the-bette_the-economy-is-turning-and-credit-comes_1520291.png", "contentUrl": "https://sms4smile.com/quotes/i/b2e/alan-greenspan-1834_change-for-the-bette_the-economy-is-turning-and-credit-comes_1520291.png", "url": "https://sms4smile.com/quotes/i/b2e/alan-greenspan-1834_change-for-the-bette_the-economy-is-turning-and-credit-comes_1520291.png", "width": 1080, "height": 1080, "caption": "“The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "Given our inevitably incomplete knowledge about key structural aspects of an everchanging economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank needs to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. The decision makers then need to reach judgment about the probabilities, costs and benefits of the various possible outcomes under alternative choices for policy.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/given-our-inevitably-incomplete-knowledge-about-key-structural-2/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c6a/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_3192272.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c6a/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_3192272.jpg", "url": "https://sms4smile.com/quotes/i/c6a/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_3192272.jpg", "width": 1080, "height": 1080, "caption": "“Given our inevitably incomplete knowledge about key structural aspects of an everchanging economy and the…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Alan Greenspan" }, "url": "https://sms4smile.com/quotes/alan-greenspan/given-our-inevitably-incomplete-knowledge-about-key-structural/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/708/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_2090597.png", "contentUrl": "https://sms4smile.com/quotes/i/708/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_2090597.png", "url": "https://sms4smile.com/quotes/i/708/alan-greenspan-1834_alternatives_given-our-inevitably-incomplete-knowledg_2090597.png", "width": 1080, "height": 1080, "caption": "“Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the…” — Alan Greenspan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/needs/alan-greenspan/#webpage", "url": "https://sms4smile.com/quotes/about/needs/alan-greenspan/", "name": "Needs Quotes by Alan Greenspan", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/needs/alan-greenspan/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/36f/alan-greenspan-1834_happiness_the-need-for-values-is-inbred-their-cont_3203267.png" }, "description": "10 Needs quotes by Alan Greenspan. Plus more from Alan Greenspan and more Needs sayings from other authors.", "breadcrumb": { "@id": "https://sms4smile.com/quotes/about/needs/alan-greenspan/#breadcrumb" } }, { "@type": "BreadcrumbList", "@id": "https://sms4smile.com/quotes/about/needs/alan-greenspan/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Topics", "item": "https://sms4smile.com/quotes/categories/" }, { "@type": "ListItem", "position": 4, "name": "Needs", "item": "https://sms4smile.com/quotes/about/needs/" }, { "@type": "ListItem", "position": 5, "name": "Alan Greenspan", "item": "https://sms4smile.com/quotes/about/needs/alan-greenspan/" } ] }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```