Gold & Inflation

"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 ... The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth."

--– Alan Greenspan, "Gold and Economic Freedom," 1967

“Remember that inflation is only the act of printing money in excess of Gross National Product. They could blame it on the price of widgets or oil only because you never knew the real cause. The real cause and only cause of inflation is the printing of more money beyond the Gross National Product.

They must eventually resort to war to balance the account, because war ultimately is merely the act of destroying the creditor, and the politicians are the publicly hired hit men that justify the act to keep the responsibility and blood off the public conscience.”

--- William Cooper, Behold A Pale Horse pg. 49