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

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University. – Alan Greenspan

Category:
Business
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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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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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Other Quotes from
finance
category

Under capitalism, man exploits man. Under communism, its just the opposite. – John Kenneth Galbraith

Category:
finance

I turn up in Los Angeles every now and then, so I can get some big money films in order to finance my smaller money films. – John Hurt

Category:
finance

I personally believe that theres going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think theres going to be a good case for that. – Timothy Geithner

Category:
finance

The job of the Central Bank is to worry. – Alice Rivlin

Category:
finance

Random Quotes

The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn. – Alvin Toffler

Category:
Back to School

I already gave my best. I have no regrets at all. – William Hung

Category:
best

What good is my parents wealth and education and upbringing if Im not contributing to the world? – Sharmeen Obaid-Chinoy

Category:
Education

From secrecy and deception in high places, come home, America. From military spending so wasteful that it weakens our nation, come home, America. – George McGovern

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