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"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."
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Exlpore more Economy quotes
"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."
"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."
"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."
"Not every single broke and unemployed person needs a job, some need customers."
"A reputation for money is almost as negotiable as money itself."
"Capitalism is the most powerful tool for positive social change."
"Market economy favors the have against the have not."
"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."
"In two years, we have managed to overcome the odds and register an impressive economic performance."
Explore more quotes by Alan Greenspan
"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."
"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."
"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 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."
"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."
"Anything that we can do to raise personal savings is very much in the interest of this country."
"History has not dealt kindly with the aftermath of protracted periods of low risk premiums."
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