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Alan Greenspan

1926- ,  American economist
Alan GreenspanAmerican economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006.
The easy-money policies of the Fed during Greenspan's tenure have been suggested by some to be a leading cause of the dotcom bubble and subprime mortgage crisis, which occurred within a year of his departure from the Fed.

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Quotations

The number one problem in today's generation and economy is the lack of financial literacy.

I think Bill Clinton was the best Republican president we've had in a while.

Rules cannot substitute for character.

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

Amateurs want to be right. Professionals want to make money.

Since becoming a central banker, I have learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.

There are no easy choices. Easy choices are long gone.

Stupid Quotes

The world might need double digit interest rates to control inflation in the near future.

(rates have been near zero for most of the time since)



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