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

Alan Greenspan

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Alan Greenspan
Age: 98
Born: 1926
Born: March 6
Banker
Economist
Entrepreneur
Jazz Musician
Politician
New York City
New York
Realization
Surpluses
Almost
Destabilizing
Came
Deficits
Starks
Stark
Chronic
Surplus
Deficit

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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.
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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
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Deficit spending is simply a scheme for the confiscation of wealth.
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Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.
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I'm a better economist than I was a sax player.
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Whatever you tax you get less of.
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Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud.
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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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