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Protectionism Quotes by inspirational people in the fields of business, finance, politics and motivation. Includes quotes about Protectionism, countries being protectionist, unfair trade tariffs, restrictive trade quotas for foreigners, anti globalization, and governments protecting their own industries.

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Capitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It’s not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!
Ron Paul - Federal Reserve - Government - Military Industrial Complex - Economy - Banks - Welfare - Monetary Policy - Capitalism - Fiat Money - Interest Rates - Protectionism - Taxes - Investment - Farming - Education - Insurance


I’ve never believed protectionism of that kind will lead us anywhere. I think you can have certain specific rules for engaging with India.. for example, not allowing mineral resources to be taken out of the country.. but there is not a shred of doubt in my mind that when you open an economy you should do it in totality. Foreign investment adds a sense of competition; we should see this as a wake-up call to modernise and upgrade. Companies that do not will undoubtedly die.
Ratan Tata - India - Companies - Competition - Protectionism - Economy - Mineral Resources - Foreign Investment


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