Alan Greenspan

Economist

88 Quotes

The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.

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

I always believed in animal spirits. It's not their existence that is new. It's the fact that they are not random events, but actually replicate in-bred qualities of human nature which create those animal spirits.

Saya pikir Bill Clinton adalah presiden republik terbaik yang pernah kami miliki.

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.

If I turn out to be particularly clear, you've probably misunderstood what I've said.

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

The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult.

Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.

You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

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.

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.

Revolutions are something you see only in retrospect.

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

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.

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.

The purpose of a politician is to be a leader. A politician has to lead. Otherwise he's just a follower.

Sejak menjadi bankir sentral, saya telah belajar untuk bergumam dengan ketidaklogisan yang besar. Jika saya tampak terlalu jelas bagi Anda, Anda pasti salah memahami apa yang saya katakan.

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

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.

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