quote

Alan Greenspan > Quotes > Quotable Quote

Alan Greenspan

“under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation”


Alan Greenspan
tags: comedy
Read more quotes from Alan Greenspan


Share this quote:

Friends Who Liked This Quote


To see what your friends thought of this quote, please sign up!

All Quotes | My Quotes | Add A Quote

Play The 'Guess That Quote' Game



Browse By Tag

More...