Best Alan Greenspan Sayings
- Revolutions are something you see only in retrospect. Inspirational
- If prices go down, we will have problems - problems in the sense of spillover to other areas, Greenspan said. While he hasn't seen such… Areas
- It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have failed;… Business
- What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who… Been
- Deficit spending is simply a scheme for the confiscation of wealth. Confiscation
- In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial… Alert
- We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp… Becomes
- There are no easy choices. Easy choices are long gone. Choices
- Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United… Central
- The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult… Afford
- The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems… Already Well
- I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said. Clear
- 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. Absence
- Any informed borrower is simply less vulnerable to fraud and abuse. Abuse
- 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… Borrowed
- The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a… Able
- To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and… Basics
- I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in… Amateur
- I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm… Animosity
- Anything that we can do to raise personal savings is very much in the interest of this country. Country
- History has not dealt kindly with the aftermath of protracted periods of low risk premiums. Aftermath
- 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. Denying
- We need, in effect, to make the phantom 'lock-boxes' around the trust fund real. Boxes
- I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate… Anybody
- I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you… Achieve
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