Quotes About Monetary

There's all this talk of music needing a monetary value, this ownership of music, even that it needs a physical form. But intrinsically... it's music. It should be better than that.

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.

The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.

The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008.

Very few countries grow at high rate if inflation is high and volatile. I think, in a way, we are doing our bit to support a higher growth rate, but on a durable basis.

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.

In a global marketplace with its increased insecurities and - indeed often - volatility and instability, national economic stability is at a premium, the precondition for all we can achieve, and no nation can secure the high levels of sustainable investment it needs without both monetary and fiscal stability together.

Currency regimes in the past were always destroyed by volatility. So sooner or later, people desire a currency that is stable.

importance of the interaction of interest rate and exchange rate movement see B. S. Bernanke, "Federal Reserve Policy in an International Context," IMF Economic Review 65.1 (2017), 5–36.

Every central banker in the world pays attention to credit growth, but not in the U.S.

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.

The theory of "free banking," as it is called, is not merely a hypothetical academic speculation. Private competing currencies circulated in Scotland from early in the eighteenth century until 1844. During that period, Scotland had no central bank. There were few

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.

There are some cherished values that resist being quantified or squeezed into monetary terms, but are no less real for that. Agents of democratic societies are responsible to the people, but we should remember that "the people" refers not only to

Real cybersecurity means that your Security Operations team is consistently pen testing your network with the same stealth and sophistication as the Russian nation state, the same desperation as China's 13th Five Year Plan, the same inexhaustible energy of the Cyber Caliphate and the same greed and ambition for monetary payoff as a seasoned cyber-criminal gang.

My dear Bobby, did I understand you to say that someone had offered you a thousand a year? A thousand?" "Holed it in one, Dad," said Bobby. "It's impossible," said the Vicar. Bobby was not hurt by this frank incredulity. His estimate of his own monetary value differed little from that of his father. "They must be complete mutts," he agreed heartily.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government.

For me, to put together my museum and all my remembrances was a big effort mentally, physically and monetarily.

The global 'currency wars' are likely here to stay due to the fine line between legitimate monetary balancing and sometimes self-serving trade manipulation. But these artificial mechanisms lack tangible or lasting value.

By focusing only on jobs and inflation—and, in effect, only on the former— the Fed behaved myopically, indeed politically.

If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it.

While I've done over 10,000 heart operations and invented operations and devices that are used every day in heart surgery, the joy I receive from watching even one person take back their health just can't be surpassed, and certainly can't be measured monetarily.