Read it all!This is how he ends it: "This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.
Gold and Economic Freedom
by Dr. Alan Greenspan
The Objectivist
1966
http://www.financialsense.com/metals/greenspan1966.html
dub
Add to My Watchlist
What is My Watchlist?