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Alan Greenspan Quotes: Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.
         

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.


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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I'm the same way about the bookshop. You know, I walk around and I feel the whole world is in there, the most important stories of all time.

I'm the same way about the bookshop. You know, I walk around and I feel the whole world is in there, the most important stories of all time.



The 6th of August in the morning we saw an opening in the land and we ran into it, and anchored in 7 and a half fathom water, 2 miles from the shore, clean sand.

The 6th of August in the morning we saw an opening in the land and we ran into it, and anchored in 7 and a half fathom water, 2 miles from the shore, clean sand.



You want to have strong legs. You're in the trenches going against bigger guys in there, and you want to be able to have some force against them.

You want to have strong legs. You're in the trenches going against bigger guys in there, and you want to be able to have some force against them.



Least at thine own things laugh.

Least at thine own things laugh.



When you are starting out you're inspired by so many different things, you just want to be the best, man...and you're just so ambitious; your drive is just at a million!

When you are starting out you're inspired by so many different things, you just want to be the best, man...and you're just so ambitious; your drive is just at a million!



All you have is your fire And the place you need to reach Don't you ever tame your demons But always keep them on a leash

All you have is your fire And the place you need to reach Don't you ever tame your demons But always keep them on a leash



You are One with everything. When you are clear about this, your definition of self-interest will change.

You are One with everything. When you are clear about this, your definition of self-interest will change.



[I'm] as broke as the ten commandments.

[I'm] as broke as the ten commandments.



In all the years I played, he (Stan Williams) was the only guy who ever scared me and he was on my team.

In all the years I played, he (Stan Williams) was the only guy who ever scared me and he was on my team.



God put thorns around the Love's door to stop anyone who's not a Lover from entering.

God put thorns around the Love's door to stop anyone who's not a Lover from entering.




Quote Description


This page presents the quote "Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.". Author of this quote is Alan Greenspan. This quote is about process, money, way, property rights, insidious, deficit spending, rights, wealth, gold,.