|
|
|
Monday, January 27, 2003 This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" 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. -- Alan Greenspan, "Gold and Economic Freedom" [1966]
|
|||||||||||||||||||||||||||||||||||||||||||||||
37,646