I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading. – Alan Greenspan
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. – Alan Greenspan
History has not dealt kindly with the aftermath of protracted periods of low risk premiums. – Alan Greenspan
Ive been in and out of Wall Street since 1949, and Ive never seen the type of animosity between government and Wall Street. And Im not sure where it comes from, but I suspect its got to do with a general schism in this society which is really becoming ever more destructive. – Alan Greenspan