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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.

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Absence Confiscation Good Inflation Protect Saving Standard

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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.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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