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