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

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

In the absence of the gold standard, there is no w... meanings

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In the absence of the gold standard, there is no w... quote in Urdu

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Frequently Asked Questions (FAQ)

Who said "In the absence of the gold standard, there is no w... "?

"In the absence of the gold standard, there is no w... " is one of a famous quotes by Alan Greenspan. Complete quote is as follows;
"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."

What is "In the absence of the gold standard, there is no w... "?

"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." This is a quote by Alan Greenspan which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • I believe in capitalism for everybody, not necessarily high finance but capitalism that works for the working men and women of this country who are out there paddling alone in America right now.
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What does "In the absence of the gold standard, there is no w... " mean?

This quote is primarily about finance although it also includes other themes like . It is attributed to Alan Greenspan. Complete quote is as follows;
"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."