Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPANIf all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine.
More Alan Greenspan Quotes
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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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Productivity is notoriously difficult to predict.
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If you think you understand what I am saying you do not understand what I am saying.
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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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Gold still represents the ultimate form of payment in the world.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more
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Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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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.
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Excessive optimism sows the seeds of its own reversal.
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Senator, if I seem clear to you, you must have misunderstood me’.
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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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Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
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Market financed withdrawals of home equity in recent years.
ALAN GREENSPAN -
We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
ALAN GREENSPAN






