“Under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation” - Greenspan and now they will fine or jail you for more than 10K in Cash in Australia, Poor Russian defectors are saying WTF?
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