Quote from: Finance Topic

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.

Alan Greenspan

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Related Keywords: Way Gold Absence Through Protect Inflation Safe

Related Authors: John Locke John D. Rockefeller Milton Friedman Hillary Clinton John Maynard Keynes John Kenneth Galbraith Muhammad Yunus

Author Bio

  • NameAlan Greenspan
  • Description13th Chairman of the Federal Reserve in the United States
  • BornMarch 6, 1926
  • CountryUnited States Of America
  • ProfessionEconomist; Banker; Politician; Entrepreneur; Jazz Musician
  • AwardsKnight Commander Of The Order Of The British Empire; Presidential Medal Of Freedom