This man said this. Read it, know it, realize its reality. This is what yours and my America has become. Led by leaders who are statist tyrants... Protect yourself!
Former Chairman of the worlds most
powerful bank- The Federal Reserve
"This is the shabby secret of wealfare statist's 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 protecter of property rights. If one grasps this, one has no problem in understanding the statists' antagonism towards the gold standard. In the absence of the gold standard there is no way to protect savings from the confiscation through inflation. There is no safe store of value. If there were, then the government would have to make its holding illegal,as was done in the case of gold. If everyone decided to, for example, to convert their bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payments for goods then bank deposits would lose their purchasing power and government created bank credit would be worthless as a claim on goods.The finacicial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves". Written by Alan Greenspan inThe Objectivist in 1966.
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