by Andrew Hoffman
Consider that “Sir” Alan Greenspan, the undisputed architect of what David Stockman deems the Bubble Finance era, played a bigger role in initiating the flood of fiat currency drowning the world than all other Central bankers combined. Sure, Helicopter Ben, Whirlybird Janet, Mario Draghi, Shinzo Abe and others compounded his failures; but only because, by nature, Ponzi schemes must grow larger to survive.
Also consider that Greenspan was a well known “goldbug” prior to selling his soul for fiat-currency-worshipping-power; citing Ayn Rand, author of the ultimate anti-statist, anti fiat currency novel, Atlas Shrugged, as his mentor. In fact, in 1966, 21 years before he became Fed Chairman, he wrote perhaps the most fiat-damning treatise ever, “gold and economic freedom”; in which, he immortally wrote, “in the absence of the gold standard, there is no way to protect savings from confiscation through inflation.”