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
Read Quote

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well. – Alan Greenspan

Category:
Business
Read Quote

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense… that gold and economic freedom are inseparable. – Alan Greenspan

Category:
Freedom
Read Quote
Other Quotes from
finance
category

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever its possible. – Milton Friedman

Category:
finance

In constant pursuit of money to finance campaigns, the political system is simply unable to function. Its deliberative powers are paralyzed. – John Rawls

Category:
finance

At this point, I dont get hired a lot because people dont think I could finance a movie. – Martha Plimpton

Category:
finance

Ive learned theres a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance. – James Chanos

Category:
finance

Random Quotes

As technology advances, it reverses the characteristics of every situation again and again. The age of automation is going to be the age of do it yourself. – Marshall McLuhan

Category:
Age

Computers have virtually replaced tape recorders. – Tony Visconti

Category:
Computers

I have a very strong feeling that the opposite of love is not hate – its apathy. Its not giving a damn. – Leo Buscaglia

Category:
Love

Attitude is a little thing that makes a big difference. – Winston Churchill

Category:
Attitude