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

Category:
Trust
Author
Alan Greenspan
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Other Quotes from
finance
category

It is a sound principle of finance, and a still sounder principle of government, that those who have the duty of expending the revenue of a country should also be saddled with the responsibility of levying and providing it. – Wilfrid Laurier

Category:
finance

Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market. – Vince Cable

Category:
finance

The government is also looking at further benefits including enhanced capital allowances the use of Tax Incremental Finance and extra help from UK Trade and Investment on inward investment and trade opportunities. – Andy Sawford

Category:
finance

The art and culture that is New York, communications, finance, all these things help make up New York. The rest of the country should be happy that we are what we are. – David Dinkins

Category:
finance

Random Quotes

It is only an auctioneer who can equally and impartially admire all schools of art. – Oscar Wilde

Category:
Art

I dont know much about auctions. I sometimes go to previews and see art sardined into ugly rooms. Ive gawked at the gaudy prices, and gaped at well-clad crowds of happy white people conspicuously spending hundreds of millions of dollars. – Jerry Saltz

Category:
Art

As the biggest library if it is in disorder is not as useful as a small but well-arranged one, so you may accumulate a vast amount of knowledge but it will be of far less value than a much smaller amount if you have not thought it over for yourself. – Arthur Schopenhauer

Category:
Knowledge

Advertising is a bit like playing make-believe. – Hartman Jule

Category:
Advertising