Quotes About Monetary

All crisis have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.

Nothing dollarable is safe.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

Raising interest rates is voo-doo. You can't deal with a global system problem by trying to solve it with this.

This system, in which paper money is worth only a fraction of its stated value in gold or silver, was employed in the United States into the twentieth century. Then

In this age of electronic money, investors are no longer seduced by a financial 'dance of a thousand veils.' Only hard and accurate information on reserves, current accounts, and monetary and fiscal conditions will keep capital from fleeing precipitously at the first sign of trouble.

First, I think the science of monetary economics has clearly gotten better.

Gross Domestic Product—the substitution, in effect, of ideas for physical value.

Most people wont have opportunity to do full-time service, but those lucky enough to have monetary wealth or some spare time really can make an enormous difference. As someone whos now in the public sector, and is seeing up-close-and-personal the real impact of what we do and what we give, I can tell you: every dollar and every volunteer help, in more ways than you can count.

The euro and the ECB were designed in a way that blocks government money creation for any purpose other than to support the banks and bondholders. Their monetary and fiscal straitjacket obliges the eurozone economies to rely on bank creation of credit and debt. The financial sector takes over the role of economic planner, putting its technicians in charge of monetary and fiscal policy without democratic voice or referendums over debt and tax policies.

The Federal Reserve is not currently forecasting a recession. Ben Bernanke January 10, 2008

In sum, freedom can run a monetary system as superbly as it runs the rest of the economy. Contrary to many writers, there is nothing special about money that requires extensive governmental dictation. Here, too, free men will best and most smoothly supply all their economic wants. For money as for all other activities of man, "liberty is the mother, not the daughter, of order.

The dollar bill is above many other currencies. In other words, paper is more valuable than silver and gold.

The unity of Africa can be achieved through common market, unions, monetary and political federations.

Success is 3Ms: Your vision produces the Map; your actions produce the Motion; your persistence produces Monetary rewards.

The cut in the repo rate is not the end of policy making; it gives the government an opportunity to take bold decisions. Over

Back in the days when rulers actually said "off with their heads" it was customary to give the executioner a monetary gift so he would be sure to kill you with the first stroke of the blade. If he didn't, you were still alive but laying around, your head hanging partly chopped off. Not a fun way to spend the day, even the last day of the rest of your life. "The

That "temporary" arrangement essentially remains in place fifty years later. The world has been operating without an agreed monetary standard, with varying degrees of "floating" and "fixing," and with the dollar still the global reserve currency.

So what the hell do you want us to do, then?" Delvan asked. "Make that cost exorbitant," Soi Hon said. "Such people always assign a value to everything in monetary terms. We might not be able to defeat them on Mortonridge, but we can certainly prevent any further Liberation campaigns after this one.