Posts Tagged ‘Alan Greenspan’

“An informed borrower is simply less vulnerable to fraud and abuse.” -Alan Greenspan

Welfare Wealth

Posted: November 8, 2015 in Economics
Tags: , , , , , ,

The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.” -Alan Greenspan 1966

“The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves….  Deficit spending is simply a scheme for the confiscation of wealth.” -Alan Greenspan before he was chairman of the Federal Reserve.