589 Quotes by Alan Greenspan

Alan Greenspan Quotes By Tag

  • Author Alan Greenspan
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    under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation

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  • Author Alan Greenspan
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    I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.

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  • Author Alan Greenspan
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    Because there was little retrenchment during the cyclical downturn, the potential for a significant acceleration in activity in the household sector is likely to be more limited than in past business cycles,

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  • Author Alan Greenspan
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    The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.

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  • Author Alan Greenspan
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    Profoundly beneficial forces driving the American economy to competitive excellence are also engendering a set of imbalances that, unless contained, threaten our continuing prosperity,

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  • Author Alan Greenspan
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    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.

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