589 Quotes by Alan Greenspan

I find it difficult to believe, for example, that the crises that arose in Thailand and Korea would have been nearly so virulent had their central banks published data prior to the crises on net reserves instead of the not very informative gross reserve positions only,

People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive 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.

an array of influences unique to this business cycle, however, seems likely to moderate the speed of the anticipated recovery.

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.

What is not clear is whether the market values that are being placed on particular assets involved in this technology revolution are appropriately priced.

Derivative instruments were bystanders, ... They may well have intensified the losses in underlying markets, but they were scarcely the major players.

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

fully appreciate the risk that some households may have trouble meeting monthly payments as interest rates and the macroeconomic climate change.

The notion of a bubble bursting and the whole price level coming down ... as a national phenomenon is really quite unlikely,