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 good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University. – Alan Greenspan

Category:
Business
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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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I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well. – Alan Greenspan

Category:
Business
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Other Quotes from
finance
category

In fact, corporate and union moneys go overwhelmingly to incumbents, so limiting that money, as Congress did in the campaign finance law, may be the single most self-denying thing that Congress has ever done. – Elena Kagan

Category:
finance

The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. – Martin Feldstein

Category:
finance

The price of every thing rises and falls from time to time and place to place and with every such change the purchasing power of money changes so far as that thing goes. – Alfred Marshall

Category:
finance

There can be no rise in the value of labour without a fall of profits. – David Ricardo

Category:
finance

Random Quotes

Stylized acting and direction is to realistic acting and direction as poetry is to prose. – Elia Kazan

Category:
Poetry

If we werent all crazy, we would go insane. – Jimmy Buffett

Category:
Sanity

The reason that fiction is more interesting than any other form of literature, to those who really like to study people, is that in fiction the author can really tell the truth without humiliating himself. – Jim Rohn

Category:
Truth

I know as an actor there is a certain liberation auditioning for a role that has no beauty requirements. – Mireille Enos

Category:
Beauty