Quotes About Currency

The bottom line is that the euro is a failed experiment.

The euro is... a failed currency, a wrong currency, a failed experiment.

If the euro fails, Europe fails.

I understand that the rupee is fairly market determined.

When you think about how everything else works in the digital age and the way that money does, money really falls short.

Cryptocurrencies are just one example of decentralized technologies.

You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base.

The water issue is critically related to climate change. People say that carbon is the currency of climate change. Water is the teeth.

The world solidly abandoned the gold standard in 1971. Since then, countries have used fiat money—that is, money not backed by anything.

Stories are the creative conversion of life itself into a more powerful, clearer, more meaningful experience. They are the currency of human contact.

Three questions divided reformers: Who should issue the new currency? To what degree should the system be centralized? And should bankers or politicians be in control?

A chief attraction of the real bills theory was that it took decisions regarding the money supply out of human hands. John Carlisle, Treasury secretary under Cleveland, maintained that issuing notes "is not a proper function of the Treasury Department, or of any other department of the Government." The task was just too difficult. Rather, Carlisle said, currency should be "regulated entirely by the business interests of the people and by the laws of trade.

VARIOUS OTHER BANKERS—heirs to the Indianapolis convention—carried on the fight for reform. However, unlike Warburg, they favored establishing an asset currency, a decentralized scheme based on each individual bank's loans.

Congress lacked many of the prerequisites of an authentic government—an army, a currency, taxing power—yet it evolved in pell-mell fashion into the first government of the United States.

Sharp drops in the money supply then led to severe recessions. The country needed an elastic currency and a permanent lender of last resort.

Congress adopted the dollar as the official monetary unit in 1785, but for many years New York shopkeepers still quoted prices in pounds, shillings, and pence.

The paper currency was depreciating rapidly. Hence, for the first time, Hamilton began to fiddle with ideas for creating a national bank, through a mixture of foreign loans and private subscriptions.

During one ghastly period in 1779, the continental dollar shed half its value in three weeks.

He endorsed the dollar as the basic currency, divided into smaller coins on a decimal basis. Because many Americans still bartered, Hamilton wanted to encourage the use of coins. As part of his campaign to foster a market economy, Hamilton suggested introducing a wide variety of coins, including gold and silver dollars, a ten-cent silver piece, and copper coins of a cent or half cent.

Printing currency for foreigners to buy is the best racket a government can get into.

The currency of the gospel of religion is fear and imposition. The currency of the gospel of Christ is love and invitation.

Mitt - what I speak to Mitt Romney about is jobs. What I speak to Mitt Romney about is China, because he's got a great view on China and how they're trying to destroy our country by taking our jobs and making our product and manipulating their currency, so that it makes it almost impossible for our companies to compete.

The two most beautiful words in the English language are ``check enclosed.'

The plague did not lead to Europe's economic collapse. Rather, Europe's currency-driven economic collapse led to the plague.