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