Alan Greenspan: Savings Inflation

Posted by admin on Sunday, November 27, 2022

Meaning of Alan Greenspan Money Quote: suggesting that the gold standard protects savings from inflation by a store of value. Alan Greenspan said:
 
absence of the gold standard, protect savings from confiscation through inflation 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” — Alan Greenspan

 

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