"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."

Absence, Gold, Inflation, Value

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"In the 5 years, well over 60,000 American families have been broken apart by the absence of insurance because the only way for parents to get treatment for their children is to turn the custody of those children over to the State."

Patrick J. Kennedy, American Politician

Absence, Children, Parents

"Freedom in general may be defined as the absence of obstacles to the realization of desires."

Bertrand Russell, British Philosopher

Absence, Freedom, May, Obstacles

"In the absence of that, I am happy to play solo, but I don't think there is any comparison."

Derek Bailey, English Musician

Absence, Play

"Of all the bewildering things about a new country, the absence of human landmarks is one of the most depressing and disheartening."

Willa Cather, American Author

Absence, Country

"It is the maintenance of slavery by law in a state, not parallels of latitude, that makes its a southern state; and the absence of this, that makes it a northern state."

William H. Seward, American Statesman

Absence, Law, Slavery, State

"Judicious absence is a weapon."

Charles Reade, English Novelist

Absence,

"The weather was fine and moderate. The hunters all returned, having killed during their absence three elk, four deer, two porcupines, a fox and a hare."

Meriwether Lewis, American Explorer

Absence, Weather

"Barbarism is the absence of standards to which appeal can be made."

Jose Ortega Y Gasset, Spanish Philosopher

Absence,

"In the absence of a magnetic field the period of all these oscillations is the same. But as soon as the electron is exposed to the effect of a magnetic field, its motion changes."

Pieter Zeeman, Dutch Physicist

Absence, Effect

"Absence diminishes mediocre passions and increases great ones, as the wind extinguishes candles and fans fires."

Francois de La Rochefoucauld, French Writer

Absence, Fans, Wind

Explore more quotes by Alan Greenspan

"We need, in effect, to make the phantom 'lock-boxes' around the trust fund real."

Trust

"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."

Economy

"An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable."

Freedom

"Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here."

Money

"I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well."

Success

"Any informed borrower is simply less vulnerable to fraud and abuse."

Abuse

"Anything that we can do to raise personal savings is very much in the interest of this country."

Nation

"History has not dealt kindly with the aftermath of protracted periods of low risk premiums."

History

"I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive."

Government

"Whatever you tax, you get less of."

Tax