I’m not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
ALAN GREENSPANThe need for values is inbred. Their content is not.
More Alan Greenspan Quotes
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Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
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The very nature of finance is that it cannot be profitable unless it is significantly leveraged… and as long as there is debt, there can be failure and contagion.
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They seem to sense… that gold and economic freedom are inseparable.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
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Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry.
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If I’ve made myself clear, I’ve misspoken.
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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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Any informed borrower is simply less vulnerable to fraud and abuse.
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There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
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I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives.
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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.
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There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.
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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
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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.
ALAN GREENSPAN






