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"Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here."
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Exlpore more Money quotes
"Egoism and Money [Goddess of wealth; Lakshmi] are very much at odds [have great enmity]. There should be just enough egoism to accomplish one's work. Beyond that, any expanded egoism and money have great enmity. Money (Lakshmi) stays away from it."
"There's a correlation between the number of digits on a man's bank balance, and, the number of things that his woman is willing to forgive him for."
"The Bible does not say money is the root of all evil; it says the love of money is the root of all kinds of evil. A poor man who, in his heart, worships the idea of being rich is more vulnerable to its evils than a rich man who has a heart to use it all for the Lord."
"Architect. One who drafts a plan of your house, and plans a draft of your money."
"Politics has become so expensive that it takes a lot of money even to be defeated."
"You cannot spend money in luxury without doing good to the poor. Nay, you do more good to them by spending it in luxury, than by giving it; for by spending it in luxury, you make them exert industry, whereas by giving it, you keep them idle."
"Because people have no thoughts to deal in, they deal cards, and try and win one another's money. Idiots!"
"If advertisers spent the same amount of money on improving their products as they do on advertising then they wouldn't have to advertise them."
"Among other possibilities, money was invented to make it possible for a foolish man to control wise men; a weak man, strong men; a child, old men; an ignorant man, knowledgeable men; and for a dwarf to control giants."
Explore more quotes by Alan Greenspan
"Anything that we can do to raise personal savings is very much in the interest of this country."
"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."
"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."
"An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable."
"The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake."
"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 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."
"History has not dealt kindly with the aftermath of protracted periods of low risk premiums."
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