Quotes: Index by Author
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| In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard. | Gold still represents the ultimate form of payment in the world. | As long as we issue fiat currency, I see no alternative to a legal tender law. |
Alan Greenspan Quotes 1-3 out of 3
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