A Quote by Alan Greenspan

Anything that we can do to raise personal savings is very much in the interest of this country. — © Alan Greenspan
Anything that we can do to raise personal savings is very much in the interest of this country.
My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
What is important is that in a capital-scarce country like India, the real interest rate needs to be positive enough to encourage healthy growth of financial savings; we get into macro difficulties when real rates on financial savings become negative for a length of time.
One might ask the question: Is the mortgage interest deduction doing a better job, a worse job, if it's supposed to promote homeownership and savings? Because home ownership is the biggest form of savings in this country. Different people will look at that data and draw different conclusions, but that's just an example of the kind of thing you can pull out of USAFacts and develop a point of view about.
Those laws, being forged for universal application, are in perpetual conflict with personal interest, just as personal interest is always in contradiction with the general interest. Good for society, our laws are very bad for the individuals whereof it is composed; for, if they one time protect the individual, they hinder, trouble, fetter him for three quarters of his life.
With our national savings rate well below one-percent, it is imperative that the government embrace innovative and cost-effective means of boosting personal savings.
The last thing I would do to this country is to even put my personal interests about the country's interest. I have never done that in my life, and I will never do it because I, you know, I was brought up as a very patriotic Egyptian, and this is not just going to happen.
We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.
As you can imagine, I have a deeply personal interest in people learning to at least be tolerant of homosexuals. My life depends on it. And as I wish to be left alone, I realize it is not in my interest to interfere with how other people choose to lead their lives, or raise their children. All totalitarian arguments that restrict people's freedom have been based in the "it's best for everyone" framework.
The impact of low interest rates is broad and deep. Many Americans rely on interest income from their savings to help cover their cost of living.
Money you know you need or want to spend in the next few years is savings. Money you keep handy for an emergency belongs in savings. Money you hope to use soon for a down payment on a house belongs in savings. And all savings belong in a low-risk bank savings account or money market account.
We need to in this country begin again to raise civil discourse to another level. I mean, we shout and scream and yell and get very little accomplished, but you can disagree very much with the next guy and still be friends and acquaintances.
The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.
Maybe I'd raise my visibility substantially if I was out yelling about President Trump. I don't know that would advance anything that I hope to get done in Montana or around the country that much more.
There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much better been left to another Government agency or the Congress to attain. The country could have had lower interest rates without sacrificing anything else.
None of us has any personal interest above the interests of the country. Our country is more important than our careers.
It's a proven fact that when you raise the status of girls and women in a country, that country does much better economically.
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