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I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.

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Cannot Conceive Cut Deficit Economy Harm Overdo Overdue Political Realistic Solution

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Fiat money in extremis is accepted by nobody. Gold is always accepted.
ALAN GREENSPAN

Accept Extremis Fiat God Money Nobody
As long as we issue fiat currency, I see no alternative to a legal tender law.
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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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Senator, if I seem clear to you, you must have misunderstood me’.
ALAN GREENSPAN

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Context Mean Price Psychology Thermometer Underlying
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