Nouriel Roubini Quotes
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.
Quotes to Explore
-
Intimate relationships are a gold mine for literature to explore, to understand, to describe.
-
I think the mental victory is worth it as much as a gold medal.
-
Research suggests that large divisions of income and wealth weaken demand and generate economic imbalances that create instability and undermine growth.
-
Wealth won't give you satisfaction; creating a good product that's well received by users is what matters most.
-
Just like gold, which has to weather very high temperatures to achieve the sheen and shine it finally gets, so also every person has to go through struggles in his life to achieve success.
-
I'm not sure how to describe my style. A lot of my work is dark and looks a bit sad, which is strange because I'm such a smiley, over-the-top positive guy who wears gold shoes most days.
-
Unless you are completely retired, earning money is the best form of wealth preservation.
-
I believe wealth should be in the hands of those who know how to create more wealth.
-
The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM or the 1930s gold standard, and a state currency.
-
Sudden success in golf is like the sudden acquisition of wealth. It is apt to unsettle and deteriorate the character.
-
Yeah, that's what kind of, we get the idea a little bit yeah, because other people from different countries also try as hard as they can to get a medal or a gold medal in the Olympic Games. And you know, if they can work hard, we can work hard as well.
-
Don't accumulate if you do not need. The excess of wealth in your hands is for the society, and you are the trustee for the same.
-
I think when you spread the wealth around it's good for everybody.
-
The wealth of information now available at the click of a finger amazes me.
-
What is wealth? A dream of fools.
-
If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed.
-
Two gold medals and two silver, I don't think is that bad... I think I still did a pretty good job.
-
Historically, there hasn't been a significant correlation between gold prices and U.S. elections. Furthermore, history has shown that gold prices tend to fall just before U.S. elections and rise immediately after, and this goes on until the next election.
-
A fool may have his coat embroidered with gold, but it is a fool's coat still.
-
The worst of misfortunes is still a stroke of luck, since one feels oneself living when one experiences it/
-
We're called New Jersey but we're actually the suburbs of New York.
-
The future is keeping you out of the present time.
-
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.
