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Posts: 3371
Jan 31 08 2:11 AM
Quote:"In the absence of the gold standard, there is no way to protect savings fromconfiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case ofgold.... The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves." Alan Greenspan - 1966
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