Posts Tagged ‘protect’

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.

“‘Old Money’ families take the long-term view.  These families know how to turn time into an ally instead of an enemy….  And they have worked out ways to use time to prepare the family not only to protect money, but to make it grow….  The truly wealthy are careful to spend their money on things that hold their value over time.” -Bill Bonner

Protected Wealth

Posted: June 1, 2015 in Money Matters
Tags: , , ,

“People always use their wealth and power to try to protect themselves.  Sometimes they use it to take wealth and power away from others, too.  That’s corruption.” -Bill Bonner