Alexander
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Platinum Boarder
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The Real Culprit Behind the Housing Bubble - 2007/10/07 12:21
"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." You'll be shocked to learn that it was actually Alan Greenspan who authored these words, before he became Chairman of the private Federal Reserve Bank. What are the implications of his many actions, contrary to his initial beliefs, into the future? We are only beginning to find out...
Click here for episode and other Interesting Articles and Links: www.momoneytv.com/vlog/momoney/20071003.html
or www.momoneytv.com/vlog/momoney/20071006.html for the "abridged" version
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