- Credits
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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
- Ensure
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- Nov 07, 2020
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.
- Imagination
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- Nov 07, 2020
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.
- Government
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- Nov 07, 2020
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.
- Great
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- Nov 07, 2020
Putin probably, almost certainly, thinks that one of the great disasters of the 20th century was the demise of the Soviet Union. It's very obvious that he's trying to work its way back and maintain something similar to that sort of institution.
- Man
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- Nov 07, 2020
The person I liked the best was Gerald R. Ford. He was the most decent man in politics I ever had any relationships with.
- Free
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- Nov 07, 2020
I stated that I'm a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform.
- Capitalism
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- Nov 07, 2020
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.
- Eliminated
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- Nov 07, 2020
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.
- Difficult
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- Nov 07, 2020
The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult.
- Giving
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- Nov 07, 2020
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.
- Innovation
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- Nov 07, 2020
One of the major problems with China is that its innovation is largely borrowed technology.
- Fall
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- Nov 07, 2020
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.
- Good Deal
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- Nov 07, 2020
I've been around long enough to know that a good deal of the praise heaped on me I had nothing to do with. The only thing I did object to was the fact that where the criticism was actually wrong. Did it bother me? Of course it bothered me. But I've been around long enough to have ups and downs. So you get over it.
- Free
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- Nov 07, 2020
The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.
- Money
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- Nov 07, 2020