589 Quotes by Alan Greenspan

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

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

Concentration and other risks in holding dollar balances seem to have become a consideration at least for some investors,

Keeping out competitively priced goods would materially lower our standard of living.

The Federal Reserve Bank of New York's efforts were designed solely to enhance the probability of an orderly private-sector adjustment, ... No Federal Reserve funds were put at risk, no promises were made by the Federal Reserve and no individual firms were pressured to participate.

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn't be taking it to those who are willing to and are capable of doing so.

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

The capacity of workers, after being displaced, to find a new job that will eventually provide nearly comparable pay most often depends on the general knowledge of the worker and the ability of that individual to learn new skills,

difficult to suppress growing market exuberance when the economic environment is perceived as more stable.