menu
search

Podcasts: Read_391 - Gold & Economic Freedom [Greenspan] 🔗 4 years ago

Bitcoin Audible

"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." - Alan Greenspan

Who would've guessed that the most succinct explanation of exactly how Greenspan caused an unsustainable credit bubble in the 90s, resulting in an inevitable economic collapse, would've come from Greenspan himself, almost 30 years earlier? Today we read a piece that was a major factor during my early years of discovering the Austrian theory and the importance of sound money. Greenspan's "Gold and Economic Freedom."

Check out the original at constitution.org: https://www.constitution.org/mon/greenspan_gold.htm

The best place to buy Bitcoin, regularly, and automatically, is with Swan Bitcoin. The lowest cost, and the simplest setup, built by true Bitcoiners, for Bitcoiners.  swanbitcoin.com/guy Learn more about your ad choices. Visit megaphone.fm/adchoices

---

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

More from this author

25th March 2024 11:27

22nd March 2024 06:03

19th March 2024 09:08

13th March 2024 02:35

11th March 2024 01:59

6th March 2024 05:14

4th March 2024 10:00

Feel free to send a tip using tippin.me

Or alternatively you can send a few sats directly:

btc logo BTC ln logo BTC (Lightning)

btc tip qr

33ELQ1ye29gB6YVQY6zRLFVCNYkJez9jMh

lightning tip qr

lnurl1dp68gurn8ghj7cm0d9hxxmmjdejhytnfduhkcmn4wfkz7urp0yhn2vryv5ukvdm995ckydph956rvv3h94sk2dny95mkgv34xdsnvvrpv4jxz6whyrn