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.
I love to play tennis and golf, listen to music, watch baseball and root for the Redskins. - Alan Greenspan
I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
- Alan Greenspan
The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default. - Alan Greenspan
The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
Deficit spending is simply a scheme for the confiscation of wealth. - Alan Greenspan
Deficit spending is simply a scheme for the confiscation of wealth.
Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, ca… - Alan Greenspan
Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, ca…
Amateurs want to be right. Professionals want to make money. - Alan Greenspan
Amateurs want to be right. Professionals want to make money.
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 … - Alan Greenspan
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 …
The number one problem in today's generation and economy is the lack of financial literacy. - Alan Greenspan
The number one problem in today's generation and economy is the lack of financial literacy.
The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contai… - Alan Greenspan
The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contai…
If I've made myself clear, I've misspoken. - Alan Greenspan
If I've made myself clear, I've misspoken.
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