by Runaway Slave | Apr 8, 2004 | Economics, Essays & Articles, Gold, Inflation, Libertarian Curmudgeon
I am not an economist. I am an honest man! ― Paul McCracken Alan Greenspan was once both an economist and an honest man. He scornfully doubted the motives and methods of the Welfare State. He wrote eloquently of the virtues of honest, gold-backed money. In a 1966...
by Runaway Slave | Mar 20, 2004 | Economics, Essays & Articles, Fraud, Gold, Inflation, Libertarian Curmudgeon, Politics
“Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process.” — Alan Greenspan, in his 1966 essay, “Gold and Economic Freedom” Mr. Greenspan wrote those words before taking charge of the economic...
