Alan Greenspan Quotes

• But rules cannot substitute for character.

  Alan Greenspan

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• The free lunch has still to be invented.

  Alan Greenspan

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• I worry incessantly that I might be too clear.

  Alan Greenspan

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• The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.

  Alan Greenspan

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• The buck starts here.

  Alan Greenspan

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• Since I’ve become a central banker, I’ve learned to mumble with great coherence… If I seem unduly clear to you, you must have misunderstood what I said.

  Alan Greenspan

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• Revolutions are something you see only in retrospect.

  Alan Greenspan

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• I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

  Alan Greenspan

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• 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.

  Alan Greenspan

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• 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 a proposition with facts and figures, it was without merit.

  Alan Greenspan

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• 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

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• An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense… that gold and economic freedom are inseparable.

  Alan Greenspan

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• 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 trail of casualties in your wake.

  Alan Greenspan

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• Anything that we can do to raise personal savings is very much in the interest of this country.

  Alan Greenspan

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• I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.

  Alan Greenspan

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  Tags in Guess

• 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.

  Alan Greenspan

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  Tags in Absence

• Whatever you tax, you get less of.

  Alan Greenspan

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

  Alan Greenspan

  Topics in Trust

• 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

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• Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

  Alan Greenspan

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Alan Greenspan (26)

Birth:	6th March, 1926
Nationality:	American
Profession:	Businessman, Consultant, Economist, Politician

About

Alan Greenspan is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position. he easy-money policies of the Fed during Greenspan's tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said the Wall Street Journal, tarnished his image.

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