Re: Greenspan says we need a goldstandard.
Things not said in this interview: "We need a gold standard."
Things said in this interview:
Interviewer: "Why do we need the Fed?"
AG: "With fiat money, you need a mechanism like a gold standard, a currency board, or some other mechanism to constrain the gov't's ability to print money."
"I think we did well with the international gold standard around the turn of the century."
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