Joseph Stiglitz Quotes About Values

Quotes about: Values

• Similarly, payments for a dead soldier amount to only $500,000, which is far less than standard estimates of the lifetime economic cost of a death. This statistical value of a life in the US amounts to circa $6.5 million.

  Joseph Stiglitz

  Soldier, Cost, Lifetime

  Source: www.spiegel.de

• The proposal for a new global reserve currency - or Special Drawing Rights - is a good idea for many reasons. Yes, for the Chinese it would cushion any fall in the value of the dollar per se because it would only be part of a basket of other currencies, including the yen and the euro.

  Joseph Stiglitz

  Fall, Chinese, Special

  Source: www.huffingtonpost.com

• It is unlikely that others would even demand their money back overnight, for doing so would lead to the value of the dollar plummeting; what they would get back with be worth little. But what we are already seeing is an erosion of confidence of the dollar, which is seeing the dollar fall in value.

  Joseph Stiglitz

  Fall, Values

  Source: www.washingtonpost.com

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