Quotes About Currency

Those millions of sales represented a loss in share value on the New York Exchange alone of some $10 billion. That was twice the amount of currency in circulation in the entire country at the time. Eventually, the total lost in the financial pandemic would be put at a staggering $50 billion—all stemming from a virus that proved fatal on October 29, 1929: the day the bubble burst.

Time is the only true currency we have. Even if Warren Buffett and Bill Gates combined their billions, they couldn't buy an extra second of time.

Never underestimate the value of cold cash.

Even when money seemed to be material treasure, heavy in pockets and ships' holds and bank vaults, it always was information. Coins and notes, shekels and cowries were all just short-lived technologies for tokenizing information about who owns what.

There are certain kinds of currency you acquire in life. Most of it is ephemeral. But friendship and faith in the unseen world and the commitment to be true unto thine own self are the human glue that you never give up, not for any reason.

The wit of man," said Democratic Congressman George Pendleton of Ohio, "has never discovered a means by which paper currency can be kept at par value, except by its speedy, cheap, certain convertibility into gold and silver." If this bill passed, "prices will be inflated . . . incomes will depreciate; the savings of the poor will vanish; the hoardings of the widow will melt away; bonds, mortgages, and notes—everything of fixed value—will lose their value.

Yo tengo dinero

Do you think that when they asked George Washington for ID, he just whipped out a quarter?

five-dollar soda

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.

The world is a global economy. I thought, 'It's a bummer we don't have a unifying currency.' Then I saw Bitcoin had already had a crash and had the resistance to recover. The community was strong enough to push it through again. That's really exciting.

The strongest institution in the hands of the European Union is the euro.

It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.

Indeed, the creators of the euro envisioned it as an instrument to promote political union.

It is proclaimed by the great leaders of that party, by its political conventions, by its ministers of the Gospel, and by every other means they have of giving currency and importance to the declaration, that it is its mission to abolish slavery in the Union.

If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.

The euro area must not be treated as an 'opt out' from the European Union.

This is what the European Union is all about. A strong market with a strong currency.

Credits in your PayPal account are really just USD-backed - they are not a unique currency themselves. Other 'digital currencies,' such as Facebook Credits, can be created out of nothing and without limit, so they are not serious money.

Eventually the dollar won't always rule. Eventually there will be a challenge to the United States and it will have to be like other countries that are a bit concerned about their currency, and then have to ratchet back in order to - right, in order to sustain. We just haven't reached that point yet.

The Unites States used to use law enforcement to aggressively target North Korea illicit activities - counterfeiting U.S. currency, drug-running, counterfeit cigarettes and pharmaceuticals - until diplomacy gutted those efforts. The effort should be reinvigorated.

There will be an electronic currency, and it will be universal, and we must accept that fact.

In this way, the charge that the bank makes for the use of its notes - the interest - is a continual and universal tax upon all the members of the community.

The currency of universal values make brands innately sharable.