Quotes About Peso

New York gave me hell for that 'Purple Swag,' man. They didn't respect me until 'Peso.'

Each peso [or dollar] is a contract between the government and the peso holder. That contract guarantees that each peso -- as a unit of value that the holder has worked hard to get -- will be worth as much tomorrow as today. If the government breaks the contract, it's breaking the law. The only role of government in the economy should be to guarantee the integrity of market transactions.

New York gave me hell for that 'Purple Swag ' man. They didn't respect me until 'Peso.'

I believe if we and the Mexicans make a very sensible trade agreement, the Mexican peso will recover quite a lot.

Since we don't use any type of currency manipulation schemes - we have a floating exchange market - we are very glad to consider any type of process that would stabilize the Mexican peso.

I think partly the decline in the peso was due to worry about renegotiation of NAFTA, but I think we also need to think about some other mechanisms for making the peso/dollar exchange rate a bit more stable.

But Potosí was poor, and Potosinos were oppressed by the weakening peso and the high cost of living, and in such a situation—I had noticed this all over the American Deep South on my previous road trip—people hold on to their culture.