Quote by Alan Greenspan
In the absence of the gold standard, there is no way to protect sa

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. – Alan Greenspan

Other quotes by Alan Greenspan

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University. – Alan Greenspan

Category:
Business
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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. – Alan Greenspan

Category:
communication
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Other Quotes from
finance
category

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. – John Kenneth Galbraith

Category:
finance

We cannot both preach and administer financial matters. – Saint Stephen

Category:
finance

I do not regard a broker as a member of the human race. – Honore de Balzac

Category:
finance

I have a lot of trouble understanding all the detail of finance and administration – but if you combine intellectual and professional capacity with a social conscience, you can change things: countries, structures, economic models, colonial states. – Evo Morales

Category:
finance

Random Quotes

Sympathetic people often dont communicate well, they back reflected images which hide their own depths. – George Eliot

Category:
Sympathy

I tell again the oldest and the newest story of all the world, — the story of Invincible Love! This tale divine — ancient as the beginning of things, fresh and young as the passing hour — has forms and names various as humanity. – Amelia E. Huddleston Barr, A Rose of a Hundred Leaves: A Love Story, 1891

Category:
Love

The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally. – Carroll Quigley

Category:
History

Gentlemen have talked a great deal of patriotism. A venerable word, when duly practiced. – Robert Walpole

Category:
Patriotism