Dec 2, 2008
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. This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process, and as a protector of property rights.
Alan Greenspan, 1966
mission
Making the big picture easy to see, in software and in society at large.
accomplishments
Code (contributions)
Prose (shorter; favorites)
favorite insights
Programming
Social Dynamics
Life
Making
Work
Cognition
Economics
History
Startups
Social Software