• 721 days Will The ECB Continue To Hike Rates?
  • 721 days Forbes: Aramco Remains Largest Company In The Middle East
  • 723 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,123 days Could Crypto Overtake Traditional Investment?
  • 1,128 days Americans Still Quitting Jobs At Record Pace
  • 1,130 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,133 days Is The Dollar Too Strong?
  • 1,133 days Big Tech Disappoints Investors on Earnings Calls
  • 1,134 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,136 days China Is Quietly Trying To Distance Itself From Russia
  • 1,136 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,140 days Crypto Investors Won Big In 2021
  • 1,140 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,141 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,143 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,144 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,147 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,148 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,148 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,150 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Kurt Kasun

Kurt Kasun

A contributing writer to GreenFaucet.com, Kurt Kasun writes a high-end investment timing service, GlobalMacro, which is focused on identifying opportunities that produce returns in excess…

Contact Author

  1. Home
  2. Markets
  3. Other

Greenspan and the Gold Standard: Thinking Out Loud

I wish some Congressman would have had the courage to ask Greenspan why he abandoned his principles he so eloquently (and correctly) wrote about in 1966 before becoming a government sell out like the rest of them (rather than Grandstanding, but nothing new with that). By framing the debate between regulation and free markets (Waxman and all the other Democrats versus Greenspan) they totally miss that we can't have free markets without a gold standard and that every paper currency throughout the 5000-yr history of man has failed -- wow that is some track record. The real issue is the gold and we are certain to come learn that lesson very soon now, and it is going to be tragic and painful. Read Greenspan's own words...before he sold out to fiat currencies and then to free markets...

 

 

 

 

 

 

 

 

 

 

Back to homepage

Leave a comment

Leave a comment