Any informed borrower is simply less vulnerable to fraud and abuse.

Quote by Alan Greenspan

Topics: Alan Greenspan Quotes

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

The true measure of a career is to be able to be content, even proud,...

The true measure of a career is to be able to be content, even proud,...

To succeed, you will soon learn, as I did, the importance of a solid foundation...

To succeed, you will soon learn, as I did, the importance of a solid foundation...

I must say, I never expected to see the day where I would be talking...

I must say, I never expected to see the day where I would be talking...

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

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

Look, I'm very much in favor of tax cuts, but not with borrowed money. And...

Look, I'm very much in favor of tax cuts, but not with borrowed money. And...

An almost hysterical antagonism toward the gold standard is one issue which unites statists of...

An almost hysterical antagonism toward the gold standard is one issue which unites statists of...

I don't know where the stock market is going, but I will say this, that...

I don't know where the stock market is going, but I will say this, that...

In the absence of the gold standard, there is no way to protect savings from...

In the absence of the gold standard, there is no way to protect savings from...

I have found no greater satisfaction than achieving success through honest dealing and strict adherence...

I have found no greater satisfaction than achieving success through honest dealing and strict adherence...

I've been in and out of Wall Street since 1949, and I've never seen the...

I've been in and out of Wall Street since 1949, and I've never seen the...

In the absence of the gold standard, there is no way to protect savings from...

In the absence of the gold standard, there is no way to protect savings from...

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

Whatever you tax, you get less of.

Whatever you tax, you get less of.

Anything that we can do to raise personal savings is very much in the interest...

Anything that we can do to raise personal savings is very much in the interest...

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

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

I was a good amateur but only an average professional. I soon realized that there...

I was a good amateur but only an average professional. I soon realized that there...