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

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

Category:
History
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Ive been in and out of Wall Street since 1949, and Ive never seen the type of animosity between government and Wall Street. And Im not sure where it comes from, but I suspect its got to do with a general schism in this society which is really becoming ever more destructive. – Alan Greenspan

Category:
Government
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Other Quotes from
finance
category

We were told this war would be over in a matter of weeks, and that the Iraqis would be able to finance it with oil sales. We were promised it was not a mission of nation building. – Sherrod Brown

Category:
finance

Im looking for backing for an unauthorized auto-biography that I am writing. Hopefully, this will sell in such huge numbers that I will be able to sue myself for an extraordinary amount of money and finance the film version in which I will play everybody. – David Bowie

Category:
finance

Large companies cannot finance political parties as their shareholders and employees have different political views. – Mikhail Khodorkovsky

Category:
finance

Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game. – Donald Trump

Category:
finance

Random Quotes

To quote copiously and well, requires taste, judgment, and erudition, a feeling for the beautiful, an appreciation of the noble, and a sense of the profound. – Christian Nestell Bovee, “Thought,” Institutions and Summaries of Thought, 1862

Category:
Quotations

A human being is a single being. Unique and unrepeatable. – Eileen Caddy

Category:
alone

Life has no limitations, except the ones you make. – Les Brown

Category:
Potential

When I think of a merry, happy, free young girl – and look at the ailing, aching state a young wife generally is doomed to – which you cant deny is the penalty of marriage. – Queen Victoria

Category:
Marriage