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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

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
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

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

Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development. – Rodrigo Rato

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

I worked with a group of people who argued day and night – professors, officials, the Minister of Finance – but there were decisions that I had to make. – Shimon Peres

Category:
finance

Random Quotes

I have seen firsthand that agricultural science has enormous potential to increase the yields of small farmers and lift them out of hunger and poverty. – Bill Gates

Category:
Science

Back then people closed their eyes and listened to music. Today theres a lot of images that go with the music. A lot of music is crap and its all commercial and the images are all trying to sell the record. – Neil Young

Category:
Music

Freud published The Interpretation of Dreams in 1900. It introduced the notion that there existed certain predictable and identifiable processes by which dreams were formed. – Henry Reed

Category:
Dreams

I always believed in God and Christ, but I was in rebellion – trying to make my relationship with God fit into my life instead of making my life fit in with him. I was stubborn. – Scott Stapp

Category:
relationship