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Confiscation Quotations

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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.

+Fav | Go to Quote / Comment | Alan Greenspan |

You have despoiled churches. You have threatened every corporation and endowment in the country. You have examined into everybodys affairs. You have criticised every profession and vexed every trade. No one is certain of his property, and nobody knows what duties he may have to perform to-morrow. This is the policy of confiscation as compared with that of concurrent endowment.

+Fav | Go to Quote / Comment | Benjamin Disraeli |