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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.
- Alan GreenspanPhoto by Daniela Izotenko on Unsplash
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.
- Alan GreenspanWe need, in effect, to make the phantom 'lock-boxes' around the trust fund real.
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