“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
“Alan Greenspan, who would later become the Federal Reserve chairman, wrote in 1966: [T]he earnings saved by the productive members of the… — Andrew P. Napolitano 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
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