Source: Ron Paul Liberty Report
by Ron Paul
“Ironically, a good explanation of why fiat currency is the enemy of liberty and gold is the friend of liberty is provided in ‘Gold and Economic Freedom’ written by none other than Alan Greenspan and published in Ayn Rand’s The Objectivist newsletter in 1966. In that essay Greenspan wrote ‘Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.’ Those seeking the path to prosperity and liberty should embrace the wisdom Greenspan showed before he became the fiat money maestro.” (06/29/26)
http://www.ronpaullibertyreport.com/archives/the-fiat-money-maestro