Alan Greenspan, a revered figure in the world of economics, shaped global financial policy for decades as Chairman of the Federal Reserve. With his astute analysis and measured approach to monetary policy, Greenspan navigated periods of economic turbulence and guided the United States through unprecedented challenges, earning him widespread respect and recognition as a preeminent economic thinker.
"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."
"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."
"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."
"I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive."
"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."
"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."