Motivational Quotes by Subject
Quotes by inspirational
people in the fields of business, finance,
politics and motivation. Includes quotes
about Currency, medium of exchange,
fiat currencies, paper money, money supply,
coins, banknotes, and money.
Business Quotes> Currency Quotes
Currency Quotes A-Z by People of Interest
There is no substitute for knowledge. To
this day, I read three newspapers a day.
It is impossible to read a paper without
being exposed to ideas. And ideas.. more
than money.. are the real currency for success.
Broad - Money
Were bankrupting our country and we
have an empire that were trying to
defend which costs us $1 trillion a year.
And the standard of living is going down
today. Its going down and the middle
class is hurting because of the monetary
policy. When you destroy a currency, the
middle class gets wiped out.
Paul - American
Policy - Currency
What's happening is, there's transfer of
wealth from the poor and the middle class
to the wealthy. This comes about because
of the monetary system that we have. When
inflate a currency or destroy a currency,
the middle class gets wiped out. So the
people who get to use the money first which
is created by the Federal Reserve system
benefit. So the money gravitates to the
banks and to Wall Street. That's why you
have more billionaires than ever before.
Paul - Federal
Reserve - Economy
Class - Poor
A weak currency is the sign of a weak economy,
and a weak economy leads to a weak nation.
Perot - Capitalism
If government manages to establish paper
tickets or bank credit as money, as equivalent
to gold grams or ounces, then the government,
as dominant money-supplier, becomes free
to create money costlessly and at will.
As a result, this 'inflation' of the money
supply destroys the value of the dollar
or pound, drives up prices, cripples economic
calculation, and hobbles and seriously damages
the workings of the market economy.
Rothbard - Inflation
Having examined the nature of fractional
reserve and of central banking, and having
seen how the questionable blessings of Central
Banking were fastened upon America, it is
time to see precisely how the Fed, as presently
constituted, carries out its systemic inflation
and its control of the American monetary
Rothbard - Fraud
Reserve - Money
At the base of the Fed pyramid, and therefore
of the bank system's creation of "money"
in the sense of deposits, is the Fed's power
to print legal tender money. But the Fed
tries its best not to print cash but rather
to "print" or create demand deposits,
checking deposits, out of thin air, since
its demand deposits constitute the reserves
on top of which the commercial banks can
pyramid a multiple creation of bank deposits,
or "checkbook money."
Rothbard - Federal
Reserve - Central
Bank - Money
Governments have persistently tried their
best to promote, encourage, and expand the
circulation of bank and government paper,
and to discourage the peoples use
of gold itself.
Rothbard - Money
Bank - Gold
Money - Manipulation
Money is different from all other commodities:
other things being equal, more shoes, or
more discoveries of oil or copper benefit
society, since they help alleviate natural
scarcity. But once a commodity is established
as a money on the market, no more money
at all is needed. Since the only use of
money is for exchange and reckoning, more
dollars or pounds or marks in circulation
cannot confer a social benefit: they will
simply dilute the exchange value of every
existing dollar or pound or mark.
Rothbard - Gold
By creating the European Central Bank, the
member states exposed their own government
bonds to the risk of default. Developed
countries that issue bonds in their own
currency never default, because they can
always print money. Their currency may depreciate,
but the risk of default is absent.
Soros - Europe
List of Quotes about Currencies
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