"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."
Alan GreenspanTiny Panda Quotes
Quotes by Alan Greenspan
Alan Greenspan, born on March 6, 1926, is an iconic figure in American economics, best known for his tenure as the Chairman of the Federal Reserve from 1987 to 2006. With a background in mathematics and economics, Greenspan played a pivotal role in shaping monetary policy during periods of both prosperity and crisis, navigating the complexities of the global economy. His legacy is marked by the balancing act of promoting growth while controlling inflation, leaving an indelible impact on financial markets and economic thought.
8 quotes found
"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"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."
Alan Greenspan
"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
"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."
Alan Greenspan"Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff."
Alan Greenspan