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

Category:
Trust
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Other Quotes from
finance
category

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life. – Suze Orman

Category:
finance

In fact, corporate and union moneys go overwhelmingly to incumbents, so limiting that money, as Congress did in the campaign finance law, may be the single most self-denying thing that Congress has ever done. – Elena Kagan

Category:
finance

Money is the best rule of commerce. – William Petty

Category:
finance

Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones. – Benjamin Franklin

Category:
finance

Random Quotes

Where there is much light, the shadow is deep. – Johann von Goethe

Category:
Observation

I offer my opponents a bargain: if they will stop telling lies about us, I will stop telling the truth about them. – Adlai Stevenson, campaign speech, 1952

Category:
Election Day

The best cure for insomnia is a Monday morning. – Author Unknown

Category:
Sleep

I first got involved with ending world hunger, and I got hip to the facts about it – what a huge problem it was and how it wasnt a matter of not having food or not knowing how to end it, but it was a matter of creating the political will. – Jeff Bridges

Category:
Food