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Alan Greenspan Quotes: 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.


Alan Greenspan
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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.
         



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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.



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



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By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.





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This page presents the quote "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.". Author of this quote is Alan Greenspan. This quote is about savings, value, gold,.