“Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process.” — Alan Greenspan, in his 1966 essay, “Gold and Economic Freedom” Mr. Greenspan wrote those words before taking charge of the economic destruction of the world. He was an acolyte of Ayn Rand, the Russian emigrant novelist who wrote the free market classic “Atlas Shrugged.” The temptations of power and prestige overwhelmed Mr. Greenspan’s principles. He knows what crimes he is committing. He has created a blizzard of paper dollars that makes the total produced by all his predecessors appear as a mere flurry. Whether the vast inflationary bubble finally bursts or slowly deflates, he will not be able to truthfully claim he didn’t know what he was doing.