View Full Version : Advocating Gold Standard Could Change Outcome of 2012 Presidential Contest

01-03-2012, 06:46 PM
http://www.rollcall.com/news/blom_benko_advocating_gold_standard_could_change_o utcome_of_2012-211309-1.html?pos=oopih

01-03-2012, 06:51 PM
It sure should be a top priority for anyone who wants to maintain their wealth for themselves, their children, and grandchildren.

"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 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan, Gold and Economic Freedom