DidacticDugong on Nostr: "In the absence of the gold standard, there is no way to protect savings from ...
"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."
- Alan Greenspan, 1966
"...suspend temporarily the convertability of the dollar into gold..."
- Richard Nixon ends the gold standard, 1971
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."
- Satoshi Nakamoto mines the Genesis Block, 2009
Published at
2023-02-28 16:09:37Event JSON
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"content": "\"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.\"\n- Alan Greenspan, 1966\n\n\"...suspend temporarily the convertability of the dollar into gold...\"\n- Richard Nixon ends the gold standard, 1971\n\n\"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.\"\n- Satoshi Nakamoto mines the Genesis Block, 2009",
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