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

We need, in effect, to make the phantom lock-boxes around the trust fund real. – Alan Greenspan

Category:
Trust
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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
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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
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Other Quotes from
finance
category

I like eating out. I like buying beautiful paintings and being surrounded by beautiful things. I have to finance that life. I can barely afford a pension scheme because I dont make enough money. – Andrew Motion

Category:
finance

Its not the having, its the getting. – Charles Spurgeon

Category:
finance

Security depends not so much upon how much you have, as upon how much you can do without. – Joseph Wood Krutch

Category:
finance

As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money. – Martin Cruz Smith

Category:
finance

Random Quotes

For too long, our countrys version of an energy policy has consisted of Americans waking up every day and wondering how much it will cost to drive to work, how much it will cost to keep their business running, how much it will cost to heat or cool their homes. – Bob Beauprez

Category:
cool

Tactics, fitness, stroke ability, adaptability, experience, and sportsmanship are all necessary for winning. – Fred Perry

Category:
Experience

Whenever men take the law into their own hands, the loser is the law. And when the law loses, freedom languishes. – Robert Kennedy

Category:
Freedom

In life there are no problems, that is, objective and external choices there is only the life which we do not resolve as a problem but which we live as an experience, whatever the final result may be. – Alberto Moravia

Category:
Experience