Deficit spending is simply a scheme for the confiscation of wealth. — Alan Greenspan Copy Share Image
Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not… — Alan Greenspan Copy Share Image
Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to… — Alan Greenspan Copy Share Image
Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It… — Alan Greenspan Copy Share Image
If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal… — Alan Greenspan Copy Share Image
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe… — Alan Greenspan Copy Share Image
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that… — Alan Greenspan Copy Share Image
Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency,… — Alan Greenspan Copy Share Image
Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always… — Alan Greenspan Copy Share Image
“under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of… — Alan Greenspan Copy Share Image
I have one other issue I'd like to throw on the table. I hesitate to do it, but let me tell you… — Alan Greenspan Copy Share Image
The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to… — Alan Greenspan Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share
At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock,… — Alan Greenspan Copy Share
To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal… — Alan Greenspan Copy Share
I've always argued that this country has benefited immensely from the fact that we draw people from all over the world. — Alan Greenspan Copy Share
I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It… — Alan Greenspan Copy Share
Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove… — Alan Greenspan Copy Share
Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage… — Alan Greenspan Copy Share
A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority… — Alan Greenspan Copy Share
Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the… — Alan Greenspan Copy Share
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in… — Alan Greenspan Copy Share
We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy… — Alan Greenspan Copy Share
The guiding purpose of the government regulator is to prevent rather than to create something. — Alan Greenspan Copy Share
...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do… — Alan Greenspan Copy Share
It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged… — Alan Greenspan Copy Share
