American - Economist | March 6, 1926 -
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. So I made an economic decision, and it turned out the best judgment I ever made in my life.
Alan Greenspan
LifeGoodBusinessDecisionBest
Forecasting our futures is built into our psyches because we will soon have to manage that future. We have no choice. No matter how often we fail, we can never stop trying.
FutureTryingChoiceStopMatter
I wasn't able to do much reading when I was chairman of the Reserve Board. The workload was too large, and the luxury of reading was not available to me. So I caught up a good deal when I left office.
GoodMeReadingLuxuryOfficeUp
When you go back and look at American history, it's not terribly different from Canadian history. If you weren't self-reliant on the prairie, you wouldn't survive.
HistorySurviveAmericanYouLook
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.
CreationEuropeBehaveSouthernLike
The only way to have several currencies from divergent nations lumped together is if they are culturally close, such as Germany, the Netherlands and Austria. If they aren't, it simply can't continue to work.
WorkTogetherWayOnlyContinue
It is very difficult to predict when a bond crisis could happen.
BondCrisisPredictDifficultHappen
It's hard to tell which assets will be toxic. The best way to ensure that only shareholders and banks feel it is have adequate capital.
BestFeelWillWayHardTell
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.
ImaginationValueYouStretchBeen
I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual.
TrustMoneyGovernmentValueCredit
Putin probably, almost certainly, thinks that one of the great disasters of the 20th century was the demise of the Soviet Union. It's very obvious that he's trying to work its way back and maintain something similar to that sort of institution.
WorkGreatTryingBackWaySoviet
Diplomacy is really far less important than the stock movements within Russia.
ImportantRussiaWithinDiplomacy
Copyright © 2024 QuotesDict Alan Greenspan quotes