We need, in effect, to make the phantom 'lock-boxes' around the trust… — Quoted

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“We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.”

Alan Greenspan · Trust

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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.

Finance

Alan Greenspan

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

Success

Alan Greenspan

Any informed borrower is simply less vulnerable to fraud and abuse.

Finance

Alan Greenspan

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.

Freedom