Alan Greenspan Quote

Quote from Alan Greenspan,

"We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power."

By:	Alan Greenspan (more quotes by Alan Greenspan or books by/about Alan Greenspan)
	(1926- ) Chairman of the Federal Reserve Board of Governors (1987-2006)
Source:	appearing before the Senate Banking Committee on February 15, 2005, in response to Democratic Senator Jack Reed of Rhode Island on the topic of funding Social Security.
Categories:	Economics, Fed, Fiat, Inflation, Power, Theft
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