Alan Greenspan says it’s ‘only a matter of time’ before negative rates spread to the US
PUBLISHED WED, SEP 4 2019 10:14 AM EDTUPDATED WED, SEP 4 2019 2:02 PM EDT
Quotes
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.
I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.
Any informed borrower is simply less vulnerable to fraud and abuse