Alan GreenspanAlan Greenspan, (1926- ) Chairman of the Federal Reserve Board of Governors (1987-2006)

Alan Greenspan Quote

“We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.”

Alan GreenspanAlan Greenspan
~ Alan Greenspan

appearing before the Senate Banking Committee on February 15, 2005, in response to Democratic Senator Jack Reed of Rhode Island on the topic of funding Social Security.

Ratings and Comments

J Carlton, Calgary

Read as: " We can issue currency in vast amounts (and we do, its called stimulus) but in a very short time it will be worthless" Go back to sleep America, everything is fine.

Mike, Norwalk

5 stars for accuracy and a thumbs down for what the accuracy has done to a once free and prospering people.


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