Atlas Just Shrugged

I expect that in the days and years ahead the remark "Fiat money has no place to go but gold" will resound around the world and will be a stake through the heart of the blood-sucking vampire we call central banking. If you weren’t paying attention, you need to know that Atlas just shrugged.

When you put it all together Greenspan is basically admitting nothing has changed regarding sound money in our fiat regime, and that central banks will have to go back to a central role of gold to stabilize their monetary systems. By implication you get (what we always suspected) -- that Greenspan never changed his mind regarding gold; he just accommodated the bad guys (the very "welfare statists" he railed against in 1966) in his various roles of working with them in the government.