Best Greenspan Quotes & Sayings

We're a democratic society. Shutting down the government should not be on the agenda. — Alan Greenspan

Since 1948 I have spent every single day thinking how the economic and political worlds have changed. — Alan Greenspan

Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills' - 'Senator, if I seem clear to you, you must have misunderstood me' - 'Unfortunately, Senator, nobody knows where the next innovative idea is coming from. Political decisions are never random and will always lose out to innovative alternatives — Alan Greenspan

sold to the public on false pretenses, high officials confessing to ordering torture in violation of treaty and domestic law, and an economic meltdown even former Federal Reserve Chairman Alan Greenspan acknowledges involved massive fraud - and no one has been prosecuted, no one has gone to prison, and Americans continue to dutifully cast their votes for the Democratic/Republican duopoly responsible for these disasters. — Barry Eisler

Anything you make in a 'normal' sized loaf pan can be made in the longer pan - you just have to increase the recipe proportionately. — Dorie Greenspan

It's hard to tell which assets will be toxic. The best way to ensure that only shareholders and banks feel it is have adequate capital. — Alan Greenspan

In general, corruption tends to exist whenever governments have favors to extend, or something to sell. — Alan Greenspan

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

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world. — Alan Greenspan

Europe is very critical to the United States in the sense not only do we have a fourth of our exports there, but more importantly, a significant proportion of the foreign affiliate profits in fact, half of U.S. corporations, are in Europe. — Alan Greenspan

Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely cannot be our goal. — Alan Greenspan

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

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

Meyer lemons are a splurge, but they're so wonderful. You could make a Meyer lemon curd or a jam. You could make a salad with slices of Meyer lemon. You could make a Meyer lemon tart and top the tart with candied slices of the lemons. You could use the lemons in a salsa to go over grilled fish or in a ceviche. — Dorie Greenspan

If your child is going to develop a healthy personality with the capacity to remain intact and grow, she must learn how to test reality, regulate her impulses, stabilize her moods, integrate her feelings and actions, focus her concentration and plan. — Stanley Greenspan

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match. — Alan Greenspan

I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms, — Alan Greenspan

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

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power. — Alan Greenspan

And by the way, I would not only reappoint Greenspan; if Greenspan would happen to die, God forbid, I would do like they did in the movie 'Weekend at Bernie's.' I would prop him up and put a pair of dark glasses on him. — John McCain

Alan Greenspan assures us that home prices are not prone to bubbles - or major deflations - on any national scale," he'd said. "This is ridiculous, of course ... . In 1933, during the fourth year of the Great Depression, the United States found itself in the midst of a housing crisis that put housing starts at 10% of the level of 1925. Roughly half of all mortgage debt was in default. — Michael Lewis

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 not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive. — Alan Greenspan

The only thing that was economic, I might say, about my music career, aside from the fact that I did everybody's tax returns in the band, was the decision I made to leave the music business on economic grounds. — Alan Greenspan

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better. — Alan Greenspan

The cookie-verse is infinite — Dorie Greenspan

This shit is for amateurs. The whole world's a fucking drag show. Look at them, they are all in costume. — David Greenspan

We increase our suffering through our attempts to avoid it — Miriam Greenspan

The arts develop skills and habits of mind that are important for workers in the new economy of ideas. — Alan Greenspan

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious. — Alan Greenspan

Unless you are willing to compromise, society cannot live together. — Alan Greenspan

Self-esteem is an inner feeling: Sometimes it corresponds with outer reality, and sometimes it doesn't. — Stanley Greenspan

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted. — Alan Greenspan

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability. — Alan Greenspan

The only way to have several currencies from divergent nations lumped together is if they are culturally close, such as Germany, the Netherlands and Austria. If they aren't, it simply can't continue to work. — Alan Greenspan

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating. — Alan Greenspan

It's only when the markets are perceived to have exhausted themselves on the downside that they turn. Trying to prevent them from going down just merely prolongs the agony. — Alan Greenspan