In the absence of the gold standard, there is no w... -Alan Greenspan

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 , Economist
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Alan Greenspan is an American economist who served as the Chairman of the Federal Reserve, the central banking system of the United States. He played a key role in shaping U.S. monetary policy and is widely regarded as one of the most influential economists of his time.

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