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If Alan Greenspan Wants To 'End The Fed', Times Must Be Changing

Must be a lot easier to voice what you really believe when you're not the Fed chairman.

Forbes: Let’s see what Alan Greenspan has been saying recently:

“We have at this particular stage a fiat money which is essentially money printed by a government and it’s usually a central bank which is authorized to do so. Some mechanism has got to be in place that restricts the amount of money which is produced, either a gold standard or a currency board, because unless you do that all of history suggest that inflation will take hold with very deleterious effects on economic activity… There are numbers of us, myself included, who strongly believe that we did very well in the 1870 to 1914 period with an international gold standard.”

In the same January 2011 interview, Greenspan apparently wondered out loud if we even require a central bank!

When Alan Greenspan starts to talk about “End the Fed,” things are changing.

Continue reading at Forbes. . .



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That guy is shameless.

He is concerned about one thing and one thing only: his legacy. He is an example of the kind of creep that rises to the top in institutionalized theft, namely government.

He's like veterans who kill a whole bunch of people

And then speak against the war when they come home. Greenspan is trying to undue the damage he did as Fed chairman by now speaking against it, but I say too little too late. It's most likely not, however, part of a grand conspiracy to get the gold standard reinstated. The government and mainstream media are still completely against it. It's safe for Greenspan to speak about it now because he has no position of power to lose at this point. When it counted, when he actually had influence over the matter, he was an inflationist.

This article is peppered with a lot of backhanded insults.

I guess he is VERY sour he turned out to be so wrong on this issue and realized it. But man did he want to shoulder butt every one he could come into contact with as he was crossed the fence.

He's

really dirty in my opinion. There's video footage of him talking to Jon Stewart and how this country wasn't based on free markets....as the Fed artificially manipulates interest rates...arguably one of the most important parts of the monetary system. Then the whole system collapses and he lets capitalism take the fall for it...which cemented in millions of minds all the erroneous faults of free markets.

Now come on,

it's still a week until April Fool's Day

Sounds crazy

but Greenspan knows the horrible affects of the Fed. He wrote about it before he ever became Chairman. Take a look at his paper before he worked at the Fed:

http://constitution.org/mon/greenspan_gold.htm

And then did the exact

And then did the exact opposite. He's a political opportunist, exactly the sort of enemy you need to watch out for. An opportunist will say anything to get control, but it isn't what they say, but what they do. Yes evil people know the evil effects of what they are doing. Because that is the definition of intentional.

He's also a Zionist if you look at his background, and was one before he became federal reserve chairman. He had control of the federal reserve longer than anyone, never did a damn thing about it, caused the bubble, and then was quoted afterwards about Stupid Americans. Which, fyi, sounded exactly like Ayn Rand's racist quote about stupid Arabs.

Ayn Rand, Arabs:
http://www.youtube.com/watch?v=2uHSv1asFvU

Alan Greenspan, Americans:
http://www.infowars.com/greenspan-dumb-americans-deserve-une...

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

egapele's picture

Wow! Forbes printing articles

that cite "The Creature from Jekyll Island" ... am I dreaming????

lol

I hear ya.