Alan Greenspan, “Gold and Economic Freedom”, 1966.. "In the...

Alan Greenspan, “Gold and Economic Freedom”, 1966..

"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. If there were, the government would have to make its holding illegal, as was done in the case of gold. . . . The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth."

“Under the gold standard, a free banking system stands as the protector of an economy’s stability and balanced growth. When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of labor and the broadest international trade. Even though the units of exchange (the dollar, the pound, the franc, etc.) differ from country to country, when all are defined in terms of gold the economies of the different countries act as one.”



Top Trump Economic Advisor Supports Gold-Backed Currency... Female advisor advocates for gold standard.

https://wethevigilant.com/2016/11/15/new-trump-economic-advisor-supports-gold-backed-currency/