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Monetary Quotes

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If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely  (Monetary Quotes) Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice  (Monetary Quotes) However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound  (Monetary Quotes) 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  (Monetary Quotes) Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man  (Monetary Quotes) The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and sits future is highly uncertain  (Monetary Quotes) After choosing monetary union, further political union and workable governance in Europe was always going to be necessary  (Monetary Quotes) The case for trade is not just monetary, but moral. Economic freedom creates habits of liberty. And habits of liberty create expectations of democracy  (Monetary Quotes) The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register  (Monetary Quotes) ... there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises  (Monetary Quotes) The great free nations of the world must take control of our monetary problems if these problems are not to take control of us  (Monetary Quotes) The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China  (Monetary Quotes) Of course I’ve already taken a very modest position on the monetary system, I do take the position that we should just end the Fed  (Monetary Quotes) These are the multinationals, like General Motors and Nestle; these are the big industrial groups that weigh, on the monetary scale, much more than big countries like Egypt  (Monetary Quotes) For my generation, the monetary union has always been about forging peace  (Monetary Quotes) Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation  (Monetary Quotes) The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike  (Monetary Quotes) Any discussion of investment or putting monetary value on the environment must start with the populations who rely on those resources  (Monetary Quotes) We are selling ourselves very short by funneling our energies into what the traditional perception is of academic and monetary success  (Monetary Quotes) What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference  (Monetary Quotes) My monetary studies have led me to the conclusion that central banks could profitably be replaced by computers. Fortunately, for me personally, that conclusion has had no practical impact, else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honored to receive  (Monetary Quotes) ... it’s important to have the right monetary policy. It’s important for, to have the right fiscal policy. But it’s nowhere near as important as just the normal regenerative capacity of American capitalism  (Monetary Quotes) I believe that lack of empathy is behind many problems, and I believe that it’s disrupting our society. In Great Britain, there is a steady decline in the willingness to be truly generous, and by that I don’t mean monetary generosity, but friendship and sympathy for others  (Monetary Quotes) Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That’s why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past  (Monetary Quotes) Of course I’ve already taken a very modest position on the monetary system, I do take the position that we should just end the Fed.  (Monetary Quotes) Russia and China, when they were communist-like adversaries, they didn’t participate. They’re participating now in the world with us. They’re trading monetary instruments. We’re buying and selling goods back and forth, trading oil and so forth.  (Monetary Quotes) It is understandable that the Fed injects cash to avoid the collapse of the stock market, but basically it is bad policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their role.  (Monetary Quotes) Always keep in mind the paramount importance of living a balanced life with emphasis on nurturing strong friendships and family ties, while still doing the things that you find rewarding for reasons other than mere monetary income.  (Monetary Quotes) Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry.  (Monetary Quotes) A great leader must serve the best interests of the people first, not those of multinational corporations. Human life should never be sacrificed for monetary profit. There are no exceptions.  (Monetary Quotes)
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