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.

Nouriel Roubini

• Gold
• Wealth
• Payment

• Previous
• Next

Quotes to Explore

• Intimate relationships are a gold mine for literature to explore, to understand, to describe.

  

  A. B. Yehoshua
  • Literature
  • Understand
  • Gold

• I think the mental victory is worth it as much as a gold medal.

  

  Cameron van der Burgh
  • Think
  • Gold
  • Victory

• Research suggests that large divisions of income and wealth weaken demand and generate economic imbalances that create instability and undermine growth.

  

  Victor Ponta
  • Growth
  • Wealth
  • Research

• Wealth won't give you satisfaction; creating a good product that's well received by users is what matters most.

  

  Ma Huateng
  • Good
  • Wealth
  • Satisfaction

• 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.

  

  Kailash Kher
  • Life
  • High
  • 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.

  

  Aaron Huey
  • Work
  • Guy
  • Style

• Unless you are completely retired, earning money is the best form of wealth preservation.

  

  Felix Dennis
  • Money
  • Best
  • Wealth

• I believe wealth should be in the hands of those who know how to create more wealth.

  

  Zong Qinghou
  • Believe
  • Hands
  • 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.

  

  Yanis Varoufakis
  • Like
  • Gold
  • Hybrid

• Sudden success in golf is like the sudden acquisition of wealth. It is apt to unsettle and deteriorate the character.

  

  P. G. Wodehouse
  • Character
  • Success
  • Golf

• Medieval alchemists, despite their lust for gold, considered mercury the most potent and poetic substance in the universe. As a child, I would have agreed with them.

  

  Sam Kean
  • Universe
  • Child
  • Gold

• 'Witches of East End' is certainly wild, and so are a lot of other shows these days. But 'Twin Peaks' still holds the gold medal for strange. I think we'll hang onto that for all of TV eternity!

  

  Madchen Amick
  • Think
  • End
  • Gold

• 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.

  

  Inge de Bruijn
  • People
  • Work
  • Different

• 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.

  

  Mahavira
  • Society
  • Same
  • Wealth

• All men cannot go to college, but some men must; every isolated group or nation must have its yeast, must have, for the talented few, centers of training where men are not so mystified and befuddled by the hard and necessary toil of earning a living as to have no aims higher than their bellies and no God greater than Gold.

  

  W. E. B. Du Bois
  • God
  • Men
  • College

• Nightclubs are the equivalent of a Catholic Church in a poor country. You hear a lot of stuff about churches filled with gold while the people are starving. But what elitists don't get is that for poor people, the church is their own mansion. Nightclubs fill the same function.

  

  Oscar Hijuelos
  • People
  • Country
  • Church

• The best way to use the gold of the Redeemer is for the redemption of those in peril.

  

  Saint Ambrose
  • Best
  • Gold
  • Redemption

• I think when you spread the wealth around it's good for everybody.

  

  Barack Obama
  • Good
  • Think
  • Wealth

• You always dream of going to the Olympics and winning gold. I've learned over the years that there are lots of gold medals, but certain stories stick out and make a difference.

  

  Kerri Strug
  • Dream
  • Winning
  • Gold

• There is nothing that making men rich and strong but that which they carry inside of them. True wealth is of the heart, not of the hand.

  

  John Milton
  • Heart
  • True
  • Wealth

• I'm hoping that the administration and other thought leaders will succeed eventually in bringing the country back to the older idea that the American dream is having a career, getting a job, and getting involved in it, and doing well. That was the core of the good life.

  

  Edmund Phelps
  • Life
  • Good
  • Country

• Don't think outside the box. Think like there is no box.

  

  Ziad K. Abdelnour
  • Outside
  • Box

• It is convenient to distinguish the two kinds of experience which have thus been described, the experienc-ing and the experienc-ed, by technical words.

  

  Samuel Alexander
  • Experience
  • Words
  • Two

• 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.

  

  Nouriel Roubini
  • Gold
  • Wealth
  • Payment