Alan Greenspan

Alan Greenspan

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.More Alan Greenspan quotes [08/23/2011 04:08:12]
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.More Alan Greenspan quotes [03/29/2018 05:03:36]
The guiding purpose of the government regulator is to prevent rather than to create something.More Alan Greenspan quotes [03/29/2018 05:03:36]
But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?More Alan Greenspan quotes [03/29/2018 05:03:36]
The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.More Alan Greenspan quotes [03/29/2018 05:03:36]

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