- I Am
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- Nov 07, 2020
Alan Greenspan Quotes
Most Famous Alan Greenspan Quotes of All Time!
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- Last Updated on May 30, 2021
- Economy
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- Nov 07, 2020
Finance is wholly different from the rest the economy.
- Fear
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- Nov 07, 2020
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.
- Finance
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- Nov 07, 2020
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
- Rest
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- Nov 07, 2020
There are winners and there are losers. And as much as we would like to help the losers, if we do it in the way that directs the limited capital of the society to support the low-productivity parts of the economy, it means that the rest of the economy - our overall standard of living - will not rise as much as it could.
- Pretend
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- Nov 07, 2020
We really can't forecast all that well, and yet we pretend that we can, but we really can't.
- Nov 07, 2020
Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.
- Decision
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- Nov 07, 2020
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.
- Big Band
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- Nov 07, 2020
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. So I made an economic decision, and it turned out the best judgment I ever made in my life.
- Matter
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- Nov 07, 2020
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.
- Future
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- Nov 07, 2020
People don't realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but that's as far as we go. And I've had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.
- Government
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- Nov 07, 2020
We're a democratic society. Shutting down the government should not be on the agenda.
- Good
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- Nov 07, 2020
I wasn't able to do much reading when I was chairman of the Reserve Board. The workload was too large, and the luxury of reading was not available to me. So I caught up a good deal when I left office.
- Nature
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- Nov 07, 2020
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.
- Look
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- Nov 07, 2020
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.
- Creation
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- Nov 07, 2020