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Letter "A" » Alan Greenspan Quotes
«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.»
«Any informed borrower is simply less vulnerable to fraud and abuse.»
«We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.»
«I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.»
«If you're going to move to private accounts, which I approve of, I think you have to do it in a cautious, gradual way.»
«The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.»
«History has not dealt kindly with the aftermath of protracted periods of low risk premiums.»
«We have a moral obligation to use our prosperity at this moment, especially to uplift communities in poverty,»
«I thought that the initiative that the Senate produced was very important and very effective,»
«The fundamentals are in place for a return to sustained healthy growth,»

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