Quotes About Devaluation

People talk about each other in the worst way, especially when you become a product for sale. You're just a thing.

I had a pension that I was paying into for 27 years... It's now worth less than a Herman Cain endorsement.

Mr. Macri's government caused damage similar to what Argentina suffered in 2001: a debt default, no foreign-currency reserves, a steep devaluation and increased poverty.

The customer who does not care about the employees of a store cannot complain about the lack of jobs and the devaluation of wages." "The store you let go bankrupt was a customer of the company you worked for."

Even the best national currency of the postwar period, the German mark, lost 71 percent of its value from January 1, 1949, through the end of June 1995. In the same period, the U.S. dollar lost 84 percent of its value.9 This inflation had the same effect as a tax on all who hold the currency.

The Internet, the camera cellphone and the like have not only sped up the world's information uptake, but they have cheapened that which they capture.

The devaluation of the world of men is in direct proportion to the increasing value of the world of things.

The history of paper money is an account of abuse, mismanagement, and financial disaster.

Printing money is merely taxation in another form.

It might otherwise appear paradoxical that money can be replaced by worthless paper; but that the slightest alloying of its metallic content depreciates it.

The history of mankind is the history of money losing value.

What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.

All the seemingly positive valuations and judgments of ressentiment are hidden devaluations and negations.

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use. For this is the only means that capitalism has at its disposal to achieve the level of devaluation now required. The idea is dreadful in its implications. What better reason could there be to declare that it is time for capitalism to be gone, to give way to some saner mode of production?

[Gresham's Law]: Bad money drives out good money.

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

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

If the governments devalue the currency in order to betray all creditors, you politely call this procedure 'inflation'.

We live in an age when the traditional great subjects - the human form, the landscape, even newer traditions such as abstract expressionism - are daily devalued by commercial art.

Humanity's become a product and when humanity is a product, you get Auschwitz and you get Chair.

even their own employees, are no more than digits on a balance sheet, lifeless objects to be used, then discarded.

Tumblr culture and the whole reappropriation-without-context thing are a double-edged sword in that they both raise awareness of my work and also kind of devalue it at the same time.

Con la ocupación, los soviéticos habían emitido un exceso de moneda y provocado con ello su devaluación, de modo que todo se compraba y se vendía a cambio de cigarrillos.