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.


Capitalism: The Unknown Ideal (ed. Penguin, 1986) - ISBN: 9781101137697

Alan Greenspan Quotes

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.

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.

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.

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.