Currency Quotes - Page 21

• The founders of our nation feared paper currency because it gave government the means to steal from its citizens.

  Walter E. Williams

  Mean, Government, Citizens

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• Government intervention in the economy - through taxes, regulation and, most importantly, currency inflation - causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression - wherein the entire sickly structure comes unglued.

  Doug Casey

  Government, Regulation, Cleansing

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• The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.

  Murray Rothbard

  Government, Natural, Tendencies

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• Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.

  Murray Rothbard

  Giants, Raises, Units

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• Our contemporary brand of socialism has one fatal flaw. It's too expensive. When you try to shower benefits on so many recipients, you eventually must resort to subterfuge. Foremost among those tricks is money and credit expansion. Inevitably, you debase your currency.

  James Cook

  Trying, Credit, Benefits

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• [Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.

  Ben Bernanke

  Long, Innovation, Promise

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• If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.

  Robert W. Hemphill

  Dollars, Banking, Coins

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• The currency bill we have would finally do something for China`s rapacious policies.

  Charles Schumer

  Bills, China, Policy

  Source: www.nbcnews.com

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• I am deeply skeptical of trade deals in general.But the only way they can get a number of Democrats is by doing a strong real currency bill that goes after the worst of the trading partners, the one that`s stealing our high-end jobs.

  Charles Schumer

  Strong, Jobs, Real

  Source: www.nbcnews.com

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• [Barack] Obama administration, the [George W.]Bush administration have done nothing. And as China has manipulated its currency, we`ve lost trillions of dollars of wealth and millions of good-paying jobs.

  Charles Schumer

  Jobs, Dollars, Done

  Source: www.nbcnews.com

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• The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus.

  Peter Schiff

  Country, Unique, Play

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• Christ offers us the incredible opportunity to trade temporary goods and currency for eternal rewards.

  Randy Alcorn

  Opportunity, Rewards, Incredibles

  Randy Alcorn (2013). “The Law of Rewards: Giving what you can't keep to gain what you can't lose.”, p.21, Tyndale House Publishers, Inc.

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• Along with currency manipulation, the New Deal introduced to Americans the spectacle of Fascist dictation to business, labor, and agriculture.

  Herbert Hoover

  Agriculture, Manipulation, Fascists

  Herbert Hoover (1952). “Memoirs: The great depression, 1929-1941”

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• Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good way to go. I'm a huge believe in digital currency... but doing it on an anonymous basis I think that leads to some abuses, so I'm not involved in Bitcoin.

  Bill Gates

  Believe, Thinking, Abuse

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• Music files and downloading have indeed changed the currency of music to a great degree.

  Henry Rollins

  Degrees, Changed, Downloading Music

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• It seems like cloud cuckoo land. If anyone is suggesting that I would go to Parliament and suggest the abolition of the Pound Sterling - no! We have made it quite clear that we will not have a single currency imposed upon us.

  Margaret Thatcher

  Clouds, Land, Cuckoos

  Margaret Thatcher, Iain Dale (1997). “As I said to Denis--: the Margaret Thatcher book of quotations”, Robson Book Ltd

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• Currency trading is unnecessary, unproductive and totally immoral. It should be stopped.

  Mahathir Mohamad

  Unnecessary, Should, Trading

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• Images are the currency of our age, but it's a toss-up whether live in a time of abundance or debasement.

  Douglas McCulloh

  Age, Toss, Abundance

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• I agree that [marriage] should be treated like a business deal. But every business deal has to have its own terms and its own kind of currency.

  Ayn Rand

  Business Deals, Kind, Should

  Source: blankonblank.org

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• There is the fact that - people have had a lot of confidence that the Chinese leadership could fix what is wrong with their economy so it wouldn't have ripple effects around the world. I think that confidence is being shaken by how difficult it is for them to manage their stock market and their currency.

  David Wessel

  Thinking, People, Chinese

  Source: www.pbs.org

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• We need to move forward, from the common currency to the banking union to a common financial policy and, in the middle-term, to a common foreign and security policy. That will take time, because we need to figure out how to deal with those countries that don't always want a more tightly integrated European Union.

  Paolo Gentiloni

  Country, Moving Forward, Want

  Source: www.spiegel.de

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• I think something like three-quarters of American currency is held abroad, by drug dealers, by tax evaders, Russians and Chinese. Other people think that they want to protect themselves against their own currency going down. When you have 75% of the currency and even more of the high-denomination $100 bills held abroad, you wonder whether these are people we really want to pay. If you get rid of the $100 bills, its foreign holders will be the main losers.

  Michael Hudson

  Thinking, People, Drug

  Source: www.counterpunch.org

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• This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in a while somebody will buy a 50-year-old bottle of wine and say, "Wait a minute. This has gone bad." The answer is, "Well, that wine isn't for drinking; that's for trading." These $100 bills aren't meant to circulate. They're not to spend on goods and services. They're a store of value. They're a form of saving.

  Michael Hudson

  Drinking, Wine, Years

  Source: www.counterpunch.org

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• There are so many currency exchange rate problems that people are buying gold as a safe haven. Right now, gold looks like a safe haven if international exchange rates break down.

  Michael Hudson

  Safe Haven, People, Gold

  Source: www.counterpunch.org

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• Look at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.

  Michael Hudson

  Ukraine, Looks, Imf

  Source: www.counterpunch.org

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