“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.”
Quote by Alan Greenspan
Work
Capitalism: The Unknown Ideal
This book delves into the philosophical underpinnings of capitalism, discussing its moral and ethical aspects, and presenting arguments in favor of the system. more
Author
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“Never have the world's moneys been so long cut off from their metallic roots.”
Source: Economic Controversies
Source: Human Action
“Gold is as steady as a rock, a standardbearer by which all currencies can be accurately measured.”
“I love the classic crooners, but I got that from my mother - she worked in a record store.”
Source: Planning for freedom, and sixteen other essays and addresses
Source: Men and Measures of Half a Century; Sketches and Comments
“Although gold and silver are not by nature money, money is by nature gold and silver.”
Source: Capital: An Abridged Edition
