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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

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

Category:
History
Author
Alan Greenspan
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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
Author
Alan Greenspan
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Other Quotes from
finance
category

It is bad policy to regulate everything… where things may better regulate themselves and can be better promoted by private exertions but it is no less bad policy to let those things alone which can only be promoted by interfering social power. – Friedrich List

Category:
finance

Lets not overlook, though, what we do know about the campaign finance scandal, and the fact the Chinese were involved in our presidential campaign and our congressional campaigns. – Fred Thompson

Category:
finance

Our goal is to make finance the servant, not the master, of the real economy. – Alistair Darling

Category:
finance

I certainly want campaign finance reform. I just wish this would do it in a way that would stand up to a constitutional challenge. – Ben Nelson

Category:
finance

Random Quotes

Goodness is achieved not in a vacuum, but in the company of other men, attended by love. – Saul Bellow

Category:
Goodness

A man who is good enough to go to heaven is not good enough to be a clergyman. – Samuel Johnson

Category:
Evangelism

Trifles make up the happiness or the misery of human life. – Alexander Smith

Category:
Happiness

The stupidity of people comes from having an answer for everything. The wisdom of the novel comes from having a question for everything. – Milan Kundera

Category:
Wisdom