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Alan Greenspan Quotes: Excessive optimism sows the seeds of its own reversal.
         

Excessive optimism sows the seeds of its own reversal.


Alan Greenspan
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"Alan Greenspan Quotes." Quoteslyfe.com, 2024. Wed. 04 Dec. 2024. <https://www.quoteslyfe.com/quote/Excessive-optimism-sows-the-seeds-of-its-344842>.





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Other quotes of Alan Greenspan


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.

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.



The need for values is inbred. Their content is not.

The need for values is inbred. Their content is not.



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

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



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

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



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

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



Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.



When trust is lost, a nation's ability to transact business is palpably undermined.

When trust is lost, a nation's ability to transact business is palpably undermined.



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.

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.



Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.



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.

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.





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After all, the whole of humanity was anchored by inventions, contrivances, unrealities. Xiao Li lived on dreams, as most people do.

After all, the whole of humanity was anchored by inventions, contrivances, unrealities. Xiao Li lived on dreams, as most people do.



There are people who've prepared their whole lives for real heavy success and bask in it. They're so good at it and they obviously love it. I'm just happy to be making a record.

There are people who've prepared their whole lives for real heavy success and bask in it. They're so good at it and they obviously love it. I'm just happy to be making a record.



I do not think writers or anybody would sit down and think they must write about some cause, or theme, or something. If they write about their own experiences, something true is going to emerge.

I do not think writers or anybody would sit down and think they must write about some cause, or theme, or something. If they write about their own experiences, something true is going to emerge.



There is not a need to prove anything to anyone with your words. Let that which you are - that which you are living - be your clear example to uplift others.

There is not a need to prove anything to anyone with your words. Let that which you are - that which you are living - be your clear example to uplift others.



You can always pick out stage actors at the Oscars: they know how to walk.

You can always pick out stage actors at the Oscars: they know how to walk.



For a long time - and this particular time with greater force than usual - summer has been a season that gives me a sense of emptiness and absence, and takes me back to the past.

For a long time - and this particular time with greater force than usual - summer has been a season that gives me a sense of emptiness and absence, and takes me back to the past.



When the truth is preached, the Spirit of God brings each person face to face with God Himself.

When the truth is preached, the Spirit of God brings each person face to face with God Himself.



The one common experience of all humanity is the challenge of problems.

The one common experience of all humanity is the challenge of problems.



A soldier's longing to talk about his experiences of battle is a wound that never heals.

A soldier's longing to talk about his experiences of battle is a wound that never heals.



To the valiant actions speak alone.

To the valiant actions speak alone.




Quote Description


This page presents the quote "Excessive optimism sows the seeds of its own reversal.". Author of this quote is Alan Greenspan. This quote is about reversal, seeds, optimism,.