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As long as we issue fiat currency, I see no alternative to a legal tender law.

Related Topics

Alternative Currency Issue Law Legal Long Tender

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

If I say something which you understand fully in this regard, I probably made a mistake.
ALAN GREENSPAN

Made Mistake Probably Regard Something Understand
The free lunch has still to be invented.
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Free Invent Lunch Still
If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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Deal Effect Measure Psychology Thermometer Use
The increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
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Economy Extraordinary Flexible Foster Increase Shock
If prices go down, we will have problems – problems in the sense of spillover to other areas.
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Area Other Price Problem Spillover
[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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Deserve End Lose Neither Power Principle Republication Swap
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
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Almost Antagonism Gold Issue Persuasion Standard Towards Unite
Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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Characteristics Corruption Embezzlement Everywhere Exist Regrettably
The number of mistakes I have made are just awesome. There is no number large enough to account for that.
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Account Awesome Enough Large Made Mistake Number
This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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Better Built Decade Example Financial Market Mousetrap People
The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
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Ability Correct Economy Flexible Greater Inevitable More Response Self Unanticipated
Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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Accurate Everyone Exist Ideology Need Question
I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.
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Amateur Average Business Country Enroll Good Limit Professional Realize Soon
Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.
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Another Commodity Counterparty Derivative Gold Often Private Restrict Supply Trade
Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds.
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Dominant Euphoria Fear Force Many Multiply Size
Then fear hits, and it comes down very sharply. When I started to look at that.
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Come Down Fear Hit Look Sharply Start That

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