Currency Quotes
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When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with US dollars now." I mean that it is so utterly brain dead, because they miss the whole point: the reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.
Bernard von NotHaus
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It used to be that wealthy people were the leisure class, and having time off was a status symbol. That's switched now: being busy and overworked is the reality for many white-collar workers, and there's a kind of perverse currency to that, competitive busy-ness. At the other end of the income scale, there's a swath of lower-wage workers who are underemployed or unemployed, with too much unwanted leisure, and zero status for that. For shift workers, devices mean they're accessible in ways they weren't before, susceptible to that call from the boss to log more hours.
Katrina Onstad
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Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys versus their own sovereigns, plus the fact that if the dollar is going to continue rallying - and I think it will because it's a safe haven - then they get a currency translation gain as well.
Gary Shilling
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The mark of a single currency is not only that all other currencies must be extinguished but that the capacity of other institutions to issue currencies must also be extinguished...In the case of the United Kingdom, that would involve Parliament binding its successors in a way that it has hitherto regarded as unconstitutional.
Norman Tebbit
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Currency speculation-over a trillion dollars a day-is a tax-free activity. The notion of a tax on "day trades" or other speculative swaps was revived in recent years, but has been studiously ignored by all our purveyors of conventional economic wisdom. That is because we have been persuaded, against logic, and moral sense, that the institution that most needs our support these days is not society, nor the human community, but the global corporation.
Eric Kierans
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Is a currency worth anything if no one wants it? We used to buy shoes in Italy. Remember?
Erica Jong
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The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency.
Arnon Grunberg
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So much of our society as a whole is gearing us to maximize our salary or bonus. Basically, we just think in terms of money. Or, if not money, then, if you're in academia, it's prestige. It's a different kind of currency. And there's this unmeasured dimension of all jobs, which is whether it's improving the world.
Cathy O'Neil
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Therefore today we have an absolutely sufficient level of gold and foreign currency reserves in order to ensure economic stability and sustainable foreign trade turnover.
Vladimir Putin
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No matter how hard I try, there's a cynical corner of my mind where everything is an act. People are game pieces. Information is currency.
Brandon Mull
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As soon as Mr. Roosevelt took office, the Federal Reserve began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new checkbook currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.
Eustace Mullins
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The euro currency both presupposes and promotes a fiction - that 'Europe' has somehow become, against the wishes of most Europeans, a political rather than a merely geographic expression.
George Will
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There has never been a failure of a currency board anywhere in the world. These are tough systems, and when I say they are foolproof, that's exactly the case.
Steve Hanke
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Digital currency is now a misnomer for Bitcoin. It can be used as currency, but it can be used for many things.
Erik Voorhees