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Alan Greenspan Quotes

The person I liked the best was Gerald R. Ford. He was the most decent man in politics I ever had any relationships with Picture Quote #1

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins Picture Quote #1

The purpose of a politician is to be a leader. A politician has to lead. Otherwise he’s just a follower Picture Quote #1

If I turn out to be particularly clear, you’ve probably misunderstood what I’ve said Picture Quote #1

Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow Picture Quote #1

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 spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don’t think we can play subtle policy here Picture Quote #1

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I stated that I’m a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform Picture Quote #1

Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory Picture Quote #1

When you go back and look at American history, it’s not terribly different from Canadian history. If you weren’t self-reliant on the prairie, you wouldn’t survive Picture Quote #1

Since 1948 I have spent every single day thinking how the economic and political worlds have changed Picture Quote #1

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 Picture Quote #1

I’ve been around long enough to know that a good deal of the praise heaped on me I had nothing to do with. The only thing I did object to was the fact that where the criticism was actually wrong. Did it bother me? Of course it bothered me. But I’ve been around long enough to have ups and downs. So you get over it Picture Quote #1

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At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn’t. Instead, northern Europe fell into subsidizing southern Europe’s excess consumption, that is, its current account deficits Picture Quote #1

Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity Picture Quote #1

I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn’t need a debt ceiling to tell you where you are Picture Quote #1

We’re a democratic society. Shutting down the government should not be on the agenda Picture Quote #1

I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy Picture Quote #1

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 Picture Quote #1

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Fear invariably and universally induces disengagement, and disengagement is negative division of labor Picture Quote #1

Fear is a far more dominant force in human behaviour than euphoria - I would never have expected that or given it a moment’s thought before, but it shows up in the data in so many ways Picture Quote #1

What a sound money system does is to stabilize all the elements in it, and reduces the uncertainty that people confront. And the one thing all human beings do when they are confronted with uncertainty is pull back, withdraw, disengage, and that means economic activity, which is really dealing with people, just goes straight down Picture Quote #1

All taxes are a drag on economic growth. It’s only a question of degree Picture Quote #1

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 Picture Quote #1

Diplomacy is really far less important than the stock movements within Russia Picture Quote #1

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If somebody had said to me in June or July of 1987, ‘We’d like you to become chairman of the Federal Reserve, but you’re never allowed to discuss any economics after you leave,’ I’d have said, ‘Forget it.’ What do they want me to do? Become an anthropologist?’ Picture Quote #1

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War Picture Quote #1

The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions .... Derivatives have permitted the unbundling of financial risks Picture Quote #1

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view Picture Quote #1

I’m a free-market economist from years and years back, and I’ve never veered from that Picture Quote #1

The problem is you cannot have free global trade with highly restrictive, regulated domestic markets Picture Quote #1

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Friendship Quotes

Motivational Quotes

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Text Quotes

The person I liked the best was Gerald R. Ford. He was the most decent man in politics I ever had any relationships with. (Alan Greenspan Quotes) I love to play tennis and golf, listen to music, watch baseball and root for the Redskins (Alan Greenspan Quotes) The purpose of a politician is to be a leader. A politician has to lead. Otherwise he’s just a follower. (Alan Greenspan Quotes) If I turn out to be particularly clear, you’ve probably misunderstood what I’ve said (Alan Greenspan Quotes) Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow. (Alan Greenspan Quotes) 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 spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don’t think we can play subtle policy here. (Alan Greenspan Quotes) I stated that I’m a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform. (Alan Greenspan Quotes) Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory. (Alan Greenspan Quotes) When you go back and look at American history, it’s not terribly different from Canadian history. If you weren’t self-reliant on the prairie, you wouldn’t survive. (Alan Greenspan Quotes) Since 1948 I have spent every single day thinking how the economic and political worlds have changed. (Alan Greenspan 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. (Alan Greenspan Quotes) I’ve been around long enough to know that a good deal of the praise heaped on me I had nothing to do with. The only thing I did object to was the fact that where the criticism was actually wrong. Did it bother me? Of course it bothered me. But I’ve been around long enough to have ups and downs. So you get over it. (Alan Greenspan Quotes) At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn’t. Instead, northern Europe fell into subsidizing southern Europe’s excess consumption, that is, its current account deficits. (Alan Greenspan Quotes) Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity. (Alan Greenspan Quotes) I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn’t need a debt ceiling to tell you where you are. (Alan Greenspan Quotes) We’re a democratic society. Shutting down the government should not be on the agenda. (Alan Greenspan Quotes) I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy. (Alan Greenspan 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. (Alan Greenspan Quotes) Fear invariably and universally induces disengagement, and disengagement is negative division of labor. (Alan Greenspan Quotes) Fear is a far more dominant force in human behaviour than euphoria - I would never have expected that or given it a moment’s thought before, but it shows up in the data in so many ways. (Alan Greenspan Quotes) What a sound money system does is to stabilize all the elements in it, and reduces the uncertainty that people confront. And the one thing all human beings do when they are confronted with uncertainty is pull back, withdraw, disengage, and that means economic activity, which is really dealing with people, just goes straight down. (Alan Greenspan Quotes) All taxes are a drag on economic growth. It’s only a question of degree. (Alan Greenspan 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. (Alan Greenspan Quotes) Diplomacy is really far less important than the stock movements within Russia (Alan Greenspan Quotes) If somebody had said to me in June or July of 1987, ‘We’d like you to become chairman of the Federal Reserve, but you’re never allowed to discuss any economics after you leave,’ I’d have said, ‘Forget it.’ What do they want me to do? Become an anthropologist?’ (Alan Greenspan Quotes) The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War. (Alan Greenspan Quotes) The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions .... Derivatives have permitted the unbundling of financial risks. (Alan Greenspan Quotes) Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view. (Alan Greenspan Quotes) I’m a free-market economist from years and years back, and I’ve never veered from that (Alan Greenspan Quotes) The problem is you cannot have free global trade with highly restrictive, regulated domestic markets. (Alan Greenspan Quotes)

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