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.
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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed,Alan Greenspan
With production running well below sales, the lift to income and spending from the inevitable cessation of inventory liquidation could be significant,
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in more vulnerable countries where (the principal bank's) guarantee is more likely to be called upon and (where) cost might deter some aberrant borrowing.
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How can we ignore the fact that virtually all forecasts of the budget balance have been wide of the mark in recent years.
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The basic problem that we confront is given that the advantages of globalization are so much greater than the deficits, how do we take care of those who are on the wrong side of this process
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... the flexibility of our market-driven economy has allowed us, thus far, to weather reasonably well the steep rise in spot and futures prices for crude oil and natural gas that we have experienced over the past two years,
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Based on Topics: Gold Quotes, Value QuotesBased on Keywords: confiscation
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