Quotes About Currency

Everything has to be taken on trust; truth is only that what is taken to be true. It's the currency ?f living. There may be nothing behind it, but it doesn't make any difference so long as it is honoured. One acts on assumptions. What do you assume?

I missed the currency of ideas. In London we had been part of a wide circle of solicitors' families, and social occasions had been mentally stimulating as well as entertaining.

More than any expert Irene had met, Mr. Simms mastered the intricacies of dealing in art. He understood an object's worth, not solely its dollar value but how that value could be manipulated into emotional currency.

the weaponizing of the US dollar has created a powerful global incentive to create an alternative currency for global trading purposes.

You always get paid in cash. It's Rule One. If I'd been around to advise the Indians, do you think I'd have let them take beads for Manhattan? Hell, no.

unexpected increases in inflation are the de facto equivalent of outright default, for inflation allows all debtors (including the government) to repay their debts in currency that has much less purchasing power than it did when the loans were made.

Of course, the problems of external default, domestic default, and inflation are all integrally related. A government that chooses to default on its debts can hardly be relied on to preserve the value of its country's currency.

Again, remember to bring a number of $1 bills for ferries, taxis, etc., or you will be going home with a lot foreign currency.

Money is just dirty paper with dead presidents' pictures on it.

thus has been the only commodity whose future price is always equal to the spot price plus the rate of interest over the time period. A million paper dollars held since 1913, when the Federal Reserve Bank was created, would be worth $20,000 today, down 98 percent. A million dollars of gold in 1913 would now be worth $62 million.

Traditionally the haven currency was the U.S. dollar, but since early 2018—from Greece to Venezuela, from Argentina to Zimbabwe—the haven has increasingly been bitcoin.

Ever since the millennial crash, the United States has been buffeted by currency shocks, interest-rate gyrations, and financial device bubbles. Government fashions move "investment" from real estate consumption to climate distractions. It was technology alone that saved the world economy.

The source and root of all monetary evil [is] the government monopoly on the issue and control of money. —Friedrich Hayek

Warren Buffett summed up the conventional view with his usual pith: "Gold gets dug out of the ground . . . we melt it down, dig another hole, bury it again and pay people to stand around guarding it. . . . Anyone from Mars would be scratching their head."2

A conception not reducible to the small change of daily experience is like a currency not exchangeable for articles of consumption it is not a symbol, but a fraud.

Money, we know, will fetch anything and command the service of any man.

But then one is always excited by descriptions of money changing hands. It's much more fundamental than sex.

A penny for your thought.

Everything has to be taken on trust; truth is only that which is taken to be true. It's the currency of living. There may be nothing behind it, but it doesn't make any difference so long as it is honoured.

On the Internet, inside information is currency, and there will always be counterfeiters among us.

bet's cash, electronic

Puede ser que un caballo que cuenta sea raro –dijo el hombre– pero no puede ser que no tenga precio. No hay nada en el mundo que no tenga precio".

But for some reason, his feelings were hurt. Which was insane. The plan had been for the two of them to use each other. Fair trade. No emotions, just fucking. It was his standard currency. So what the hell was his problem?

Funny how losses were as much of a currency as happiness in life. Somehow, they were noticed more, though.