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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."


Alan Greenspan (more quotes by Alan Greenspan or books by/about Alan Greenspan)

(1926- ) Chairman of the Federal Reserve Board of Governors (1987-2006)


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.


Economics, Fed, Fiat, Inflation, Power, Theft


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