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Alan Greenspan Quotes


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Quotes by Alan Greenspan

Showing 21-30 of 80 Quotes by Alan Greenspan

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.

~Alan Greenspan

Topics: Borrowed Cuts Day Disastrous End End Of The Day Favor Gotten Here Look Money Much Play Policy Problem Programs Proves Recent Recent Years Spending Subtle Tax Tax Cuts Think Very View Years

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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.

~Alan Greenspan

Topics: Before Behaviour Data Dominant Euphoria Expected Far Fear Force Given Human Many Moment More Never Shows Than Thought Up Ways Would

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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.

~Alan Greenspan

Topics: Cannot Contagion Debt Failure Finance Long Nature Profitable Unless Very

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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.

~Alan Greenspan

Topics: About Aside Band Business Career Decision Did Economic Everybody Fact Grounds Leave Made Might Music Music Business Only Returns Say Tax The Only Thing Thing

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Chinese productivity is the highest in the world but the way they do it is by borrowing the technology from abroad, either by joint ventures or other means.

~Alan Greenspan

Topics: Abroad Borrowing Chinese Either Highest Joint Means Other Productivity Technology Ventures Way World

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Unless you are willing to compromise, society cannot live together.

~Alan Greenspan

Topics: Cannot Compromise Live Society Together Unless Willing You

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Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.

~Alan Greenspan

Topics: American Being Competition Country Economy Grow Highly Incomes Living Most Need Order Our People Productive Protection Realize Skilled Skills Staff Standard States United United States Who Whole

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I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

~Alan Greenspan

Topics: Clear Guess Misunderstood Out Particularly Said Should Turn Warn You

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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.

~Alan Greenspan

Topics: Acceptable Anything Backing Bitcoin Capabilities Coming Credit Currency Either Fundamental Government Individual Intrinsic Issue Money Trust Understand Universally Value Where Whether Which Who

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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.

~Alan Greenspan

Topics: Almost Antagonism Economic Economic Freedom Freedom Gold Gold Standard Hysterical Inseparable Issue Seem Sense Standard Toward Unites Which

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Biography

Nationality: American

Type: Economist

Born: March 6th, 1926

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