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Alan Greenspan Quotes: Deficit spending is simply a scheme for the confiscation of wealth.
         

Deficit spending is simply a scheme for the confiscation of wealth.


Alan Greenspan
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Other quotes of Alan Greenspan


I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.



The need for values is inbred. Their content is not.

The need for values is inbred. Their content is not.



The number one problem in today's generation and economy is the lack of financial literacy.

The number one problem in today's generation and economy is the lack of financial literacy.



I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.



Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.



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.

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.



When trust is lost, a nation's ability to transact business is palpably undermined.

When trust is lost, a nation's ability to transact business is palpably undermined.



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.

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.



Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.



To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.





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Young lovers seek perfection. Old lovers learn the art of sewing shreds together. And of seeing beauty in a multiplicity of patches. - How to make an American Quilt

Young lovers seek perfection. Old lovers learn the art of sewing shreds together. And of seeing beauty in a multiplicity of patches. - How to make an American Quilt



I do not try to dance better than anyone else. I only try to to dance better than myself.

I do not try to dance better than anyone else. I only try to to dance better than myself.



When a nation is filled with strife, then do patriots flourish.

When a nation is filled with strife, then do patriots flourish.



Show no love, cause love will get you killed.

Show no love, cause love will get you killed.



Passitivity and quietism are invitations to war.

Passitivity and quietism are invitations to war.



Honey, I liked the Harry Potter movies, too, but that doesn’t mean I ran out and got a Dark Mark tattooed onto my left forearm like you did.

Honey, I liked the Harry Potter movies, too, but that doesn’t mean I ran out and got a Dark Mark tattooed onto my left forearm like you did.



To go to war, you must always think of, can you win?

To go to war, you must always think of, can you win?



A tree weeps when cut down, a dog howls when beaten, but a man matures when offended.

A tree weeps when cut down, a dog howls when beaten, but a man matures when offended.



Yoga is a great thing and meditation is also great to get connected to yourself more.

Yoga is a great thing and meditation is also great to get connected to yourself more.




Quote Description


This page presents the quote "Deficit spending is simply a scheme for the confiscation of wealth.". Author of this quote is Alan Greenspan. This quote is about deficit spending, wealth, gold, money,.