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

History has not dealt kindly with the aftermath of protracted periods of low risk premiums. – Alan Greenspan

Category:
History
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading. – Alan Greenspan

Category:
Business
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Other Quotes from
finance
category

I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldnt see any. – Merton Miller

Category:
finance

Part of your heritage in this society is the opportunity to become financially independent. – Jim Rohn

Category:
finance

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them. – David Ricardo

Category:
finance

Money is the best rule of commerce. – William Petty

Category:
finance

Random Quotes

The trouble with our age is that it is all signposts and no destination. – The War Cry

Category:
Society

One of the things I like about when I tour sometimes is that occasionally youll see a dad there with his 12-year-old son and theyre both enjoying it. – Tim Vine

Category:
dad

The first thing I think about when I wake up most mornings is the fact that Im tired. I have been tired for decades. I am tired in the morning and I am tired while becalmed in the slough of the afternoon, and I am tired in the evening, except right when I try to go to sleep. – Susan Orlean

Category:
Morning

If people do not believe that mathematics is simple, it is only because they do not realize how complicated life is. – John Louis von Neumann

Category:
Math