Alan Greenspan Quotes

A collection of quotes by Alan Greenspan.

Alan Greenspan is an American economist who was born on March 6, 1926, in New York City. He is best known for serving as the Chairman of the Federal Reserve, the central banking system of the United States, from 1987 to 2006. Greenspan had a long and influential career in finance and played a significant role in shaping U.S. monetary policy during his tenure.

He began his career in economics as a private consultant and later joined the National Industrial Conference Board. Greenspan became increasingly involved in government economic policy during the 1970s and 1980s and was first appointed as Chairman of the Council of Economic Advisers under President Gerald Ford in 1974.

In 1987, President Ronald Reagan nominated Greenspan to succeed Paul Volcker as the Chairman of the Federal Reserve. During his time at the helm of the central bank, Greenspan was recognized for his cautious and pragmatic approach to monetary policy and his ability to navigate domestic and international economic challenges. He presided over periods of economic expansion as well as financial crises, including the burst of the dot-com bubble and the aftermath of the September 11 attacks.

After leaving the Federal Reserve in 2006, Greenspan continued to be a prominent figure in economic debate and analysis. He has written several books and serves as a consultant, speaker, and advisor in various capacities.

We need, in effect, to make the phantom 'lock-boxes' around

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

Trust

History has not dealt kindly with the aftermath of protracte

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

History

Look, I'm very much in favor of tax cuts, but not with borro

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.

Money

I've been in and out of Wall Street since 1949, and I've nev

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

Government

I was a fairly good amateur musician, and I was an average p

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

Business

In the absence of the gold standard, there is no way to prot

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

Finance

Don't worry about the war. It's all over but the shooting.

Don't worry about the war. It's all over but the shooting.

Attitude

Don't worry about the war. It's all over but the shooting.

Don't worry about the war. It's all over but the shooting.

Attitude

To succeed, you will soon learn, as I did, the importance of

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

Communication

An almost hysterical antagonism toward the gold standard is

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.

Freedom

I have found no greater satisfaction than achieving success

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

Success