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Alan Greenspan

Top 10 Alan Greenspan Quotes,  American
Total Quotes : 80
Human Functions Whether

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.

- Alan Greenspan

Turn Clear Particularly

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

- Alan Greenspan

Otherwise Accordingly

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

Very Critical Sharply

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started to look at that, I was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

- Alan Greenspan

Finance Informed Abuse

Any informed borrower is simply less vulnerable to fraud and abuse.

- Alan Greenspan

Means Abroad Other

Chinese productivity is the highest in the world but the way they do it is by borrowing the technology from abroad, either by joint ventures or other means.

- Alan Greenspan

Thought Data Before

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

Southern Euro Outset

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

Inevitable Given Which

Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.

- Alan Greenspan

Doing Away Engaged

I get so engaged when I have a problem you cannot solve that I just cannot break away from what I am doing - I keep thinking and thinking and cannot stop.

- Alan Greenspan

Through Dealing Deal

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 deal with should gain as well.

- Alan Greenspan

Proud Career Through

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

Country Interest Very

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

- Alan Greenspan

Dealt Low Kindly

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

- Alan Greenspan

Will Built Forecasting

Forecasting our futures is built into our psyches because we will soon have to manage that future. We have no choice. No matter how often we fail, we can never stop trying.

- Alan Greenspan

Been About Anybody

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 the economy than anything we've been talking about today or anything anybody else was talking about.

- Alan Greenspan

Negative Division

Fear invariably and universally induces disengagement, and disengagement is negative division of labor.

- Alan Greenspan

Finance Rest Wholly

Finance is wholly different from the rest the economy.

- Alan Greenspan

Political Which Private

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

- Alan Greenspan

Trust Acceptable

I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual.

- Alan Greenspan