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
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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
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Other Quotes from
finance
category

Well have a public power authority, which will also have the ability to build power or finance power. And more importantly, well have more power than our economy provides. All of that will give us leverage we dont have today. – Gray Davis

Category:
finance

For the merchant, even honesty is a financial speculation. – Charles Baudelaire

Category:
finance

People just want to hear some common sense… and I bring to bear the experience in local government and state government and national government – I was the first woman in history on the Senate Finance Committee – not to mention the diplomatic international experience. – Carol Moseley Braun

Category:
finance

You only need to make one big score in finance to be a hero forever. – Merton Miller

Category:
finance

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Railway termini are our gates to the glorious and the unknown. Through them we pass out into adventure and sunshine, to them, alas! we return. – E. M. Forster

A writer should write with his eyes and a painter paint with his ears. – Gertrude Stein

Category:
Art

However it is debased or misinterpreted, love is a redemptive feature. To focus on one individual so that their desires become superior to yours is a very cleansing experience. – Jeanette Winterson

Category:
Experience

A person needs at intervals to separate himself from family and companions and go to new places. He must go without his familiars in order to be open to influences, to change. – Katharine Butler Hathaway

Category:
Family