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
Any informed borrower is simply less vulnerable to fraud and abuse. – Alan Greenspan
We need, in effect, to make the phantom lock-boxes around the trust fund real. – Alan Greenspan
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense… that gold and economic freedom are inseparable. – Alan Greenspan