Author: Alan Greenspan

Quotes

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

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

- 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.

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

One of the major problems with China is that its innovation is largely borrowed technology.

One of the major problems with China is that its innovation is largely borrowed technology.

- Alan Greenspan

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

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

- Alan Greenspan

Any informed borrower is simply less vulnerable to fraud and abuse.

Any informed borrower is simply less vulnerable to fraud and abuse.

- 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.

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

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.

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

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.

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.

- Alan Greenspan

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