[Rushtalk] Greenspan on Gold vs Welfare state commies

John Quayle blueoval57 at verizon.net
Sat Nov 17 15:09:26 MST 2018


/*Nixon took us off the gold standard in 1972. In retrospect, Nixon was 
part of the swamp............*/

On 11/17/2018 12:28 PM, Carl Spitzer {C Juno} wrote:
> *Greenspan in 1966:*
>
> *    "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."*
>
> **
>
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