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Alan Greenspan Quotes: I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
         

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.


Alan Greenspan
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Other quotes of 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.



The need for values is inbred. Their content is not.

The need for values is inbred. Their content is not.



The number one problem in today's generation and economy is the lack of financial literacy.

The number one problem in today's generation and economy is the lack of financial literacy.



I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.



Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.



Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.



When trust is lost, a nation's ability to transact business is palpably undermined.

When trust is lost, a nation's ability to transact business is palpably undermined.



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.



Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.



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.

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.





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I can't assume responsibility for a man's infidelity, no more than I can take credit for his choice to remain faithful.

I can't assume responsibility for a man's infidelity, no more than I can take credit for his choice to remain faithful.



You seldom get what you go after unless you know in advance what you want.

You seldom get what you go after unless you know in advance what you want.



True peace comes not from the absence of trouble, but from the presence of God and will be deep and passing all understanding in the exact measure in which we live in and partake of the love of God.

True peace comes not from the absence of trouble, but from the presence of God and will be deep and passing all understanding in the exact measure in which we live in and partake of the love of God.



Each man kills the thing he loves.

Each man kills the thing he loves.



There is no man who hates the power of the crown more, or who has a worse opinion of the Person to whom it belongs than I.

There is no man who hates the power of the crown more, or who has a worse opinion of the Person to whom it belongs than I.



We’re creatures of contact regardless of whether/ we kiss or we wound. Still, we must come together.

We’re creatures of contact regardless of whether/ we kiss or we wound. Still, we must come together.



Who could believe in the prophecies ... that the world would end this summer, while one milkweed with faith matured its seeds.

Who could believe in the prophecies ... that the world would end this summer, while one milkweed with faith matured its seeds.



When you hire somebody, you shouldn't have to tell them [a lot of what] to do; you hire them because you like their work and all you've got to do is tweak them a little bit.

When you hire somebody, you shouldn't have to tell them [a lot of what] to do; you hire them because you like their work and all you've got to do is tweak them a little bit.



God created the flirt as soon as he made the fool.

God created the flirt as soon as he made the fool.



Look on beauty, And you shall see 'tis purchased by the weight, Which therein works a miracle in nature, Making them lightest that wear most of it.

Look on beauty, And you shall see 'tis purchased by the weight, Which therein works a miracle in nature, Making them lightest that wear most of it.




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This page presents the quote "I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.". Author of this quote is Alan Greenspan. This quote is about deficit, realization, starks,.