--- title: "Meaning & Key Takeaway of: Well, you probably will always believe…" description: "\"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.\" — Alan Greenspan" image: "https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png" --- # Well, you probably will always believe there should be… ![“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.” quote by Alan Greenspan](https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png) [Download](https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png) [Open image](https://sms4smile.com/quotes/i/235/alan-greenspan-1834_always-believe_well-you-probably-will-always-believe-th_3202302.png) > “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.” [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He argues that laws against fraud are unnecessary, suggesting that fraud is self‑regulating or morally deterred **In simple terms:** He thinks fraud laws are unnecessary Key Takeaway Question the need for legal deterrents in financial misconduct Themes law ethics economics Mood critical analytical Type philosophical inspirational When to use this quote - corporate compliance - financial oversight - public policy debates Key Concepts regulation theory moral hazard Questions to Reflect On - Is fraud truly self‑policing in markets? - What alternative safeguards could replace legal penalties? A Different Perspective Fraud may still occur without legal consequences, harming victims ★ ★ ★ ★ ★ No ratings yet [Fraud](https://sms4smile.com/quotes/about/fraud/) [Investing](https://sms4smile.com/quotes/about/investing/) [Law](https://sms4smile.com/quotes/about/law/) [Thinking](https://sms4smile.com/quotes/about/thinking/) ## Related quotes > [“this is a real double blow. It is akin to having your life-long hero, the person around whom you have modeled your whole identity,…](https://sms4smile.com/quotes/thomas-l-friedman/this-is-a-real-double-blow-it-is-akin-to-having-your-life-long-hero/) [Thomas L. Friedman](https://sms4smile.com/quotes/author/thomas-l-friedman/) > [I don't believe that laws against things that people do regularly, like safe and responsible use of marijuana, make any sense.](https://sms4smile.com/quotes/peter-b-lewis/i-don-t-believe-that-laws-against-things-that-people-do-regularly/) Peter B. 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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. 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I always believed in equality, but there's…](https://sms4smile.com/quotes/lindy-west/the-messaging-campaign-that-stigmatized-the-term-feminist-definitely/) [Lindy West](https://sms4smile.com/quotes/author/lindy-west/) > [I have always believed that anybody with a little guts and the desire to apply himself can make it, can make anything he wants…](https://sms4smile.com/quotes/bill-shoemaker/i-have-always-believed-that-anybody-with-a-little-guts-and-the-desire/) [Bill Shoemaker](https://sms4smile.com/quotes/author/bill-shoemaker/) > [So like any football or basketball coach, you always always believe you're going to win.](https://sms4smile.com/quotes/colin-powell/so-like-any-football-or-basketball-coach-you-always-always-believe/) [Colin Powell](https://sms4smile.com/quotes/author/colin-powell/) > [I've always believed that a good twist is one that, when it is presented to the audience, half of them say, 'I saw that…](https://sms4smile.com/quotes/damon-lindelof/i-ve-always-believed-that-a-good-twist-is-one-that-when-it-is/) [Damon Lindelof](https://sms4smile.com/quotes/author/damon-lindelof/) > [We hate guys who date more than one woman at a time. I've always believed that what's unacceptable in one sex should, by definition,…](https://sms4smile.com/quotes/candace-bushnell/we-hate-guys-who-date-more-than-one-woman-at-a-time-i-ve-always/) [Candace Bushnell](https://sms4smile.com/quotes/author/candace-bushnell/) > [Just always believe in yourself. "Champions adjust." It's a line I learned from Billie Jean King, and sometimes your dream adjusts. Be willing to…](https://sms4smile.com/quotes/venus-williams/just-always-believe-in-yourself-champions-adjust-it-s-a-line-i/) [Venus Williams](https://sms4smile.com/quotes/author/venus-williams/) > [The hardest thing to get is true emotion. I always believe you need to earn that with the audience. You can't just tell them…](https://sms4smile.com/quotes/john-lasseter/the-hardest-thing-to-get-is-true-emotion-i-always-believe-you-need-to/) [John Lasseter](https://sms4smile.com/quotes/author/john-lasseter/) > [I have always believed that the ultimate purpose of economic policies and development policy is to meet the basic needs of our people. And…](https://sms4smile.com/quotes/manmohan-singh/i-have-always-believed-that-the-ultimate-purpose-of-economic-policies/) [Manmohan Singh](https://sms4smile.com/quotes/author/manmohan-singh/) > [Whatever distrust we may have of the sincerity of those who converse with us, we always believe they will tell us more truth than…](https://sms4smile.com/quotes/francois-de-la-rochefoucauld/whatever-distrust-we-may-have-of-the-sincerity-of-those-who-converse/) [Francois de La Rochefoucauld](https://sms4smile.com/quotes/author/francois-de-la-rochefoucauld/) > [One of my quests from the beginning has been to inform people, educate people, sort of train people, if you will, to spot liberalism.…](https://sms4smile.com/quotes/rush-limbaugh/one-of-my-quests-from-the-beginning-has-been-to-inform-people-educate/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) Browse all 397 Always believe quotes ```json { "@context": "https://schema.org", "@graph": [ { "@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" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/alan-greenspan/well-you-probably-will-always-believe-there-should-be-laws-against/", "about": { "@type": "Thing", "name": "Always believe" }, "@id": "https://sms4smile.com/quotes/alan-greenspan/well-you-probably-will-always-believe-there-should-be-laws-against/#quotation", "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": "BreadcrumbList", "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": "Alan Greenspan", "item": "https://sms4smile.com/quotes/author/alan-greenspan/" }, { "@type": "ListItem", "position": 4, "name": "Well, you probably will always believe...", "item": "https://sms4smile.com/quotes/alan-greenspan/well-you-probably-will-always-believe-there-should-be-laws-against/" } ], "@id": "https://sms4smile.com/quotes/alan-greenspan/well-you-probably-will-always-believe-there-should-be-laws-against/#breadcrumb" }, { "@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 } } ] } ```