Alan Greenspan : (3)

" 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 Greenspan

" Since 1948 I have spent every single day thinking how the economic and political worlds have changed. " - Alan Greenspan

" People don’t realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but that’s as far as we go. And I’ve had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that. " - Alan Greenspan