Country Whose Currency Quotes & Sayings

The situation - having to choose between imposing higher retail prices and reducing investments and military spending - created a dilemma for the government: deciding between conflict with the public or with the Party economic elite. But not making a decision heightened the risk that, as the crisis developed, there would be conflict with both the public and the elite.18 The new generation of leaders clearly did not understand this. The traditional management of the economy was oriented on natural, rather than abstract, parameters. The development of cattle breeding was discussed at the highest level more frequently than the country's budget. Industry and business leaders regarded finances as necessary but dreary bookkeeping.19 In addition, information on the real state of the budget, hard currency reserves, foreign debt, and balance of payments was available only to an extremely narrow circle of people, many of whom understood nothing about it anyway. — Yegor Gaidar

When Turkey buys Iranian oil, we pay for it in Turkish lira ... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market. — Ali Babacan

Alexander Hamilton has been on the $10 since 1928, he's been well honored by the country, he was a great Secretary of the Treasury. But of all the people on the currency, the only one who isn't a president. — Grover Norquist

It's not like I'm anti-China. I just think it's ridiculous that we allow them to do what they're doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do. — Donald Trump

The part that's difficult is being single, at 41, after 10 years of marriage and two kids. That's like having a bunch of money in a currency of a country that doesn't exist anymore. — Louis C.K.

Out of the chaos of post-Roman Dark Age Britain, the English had created the world's first nation-state: One king, one country, one church, one currency, one language and a single unified representative national administration. Never again in England would sovereignty descend to the merely regional level. Never again would the idea of England and the unity of England ever be challenged. — David Starkey

I'm cautious about the currency situation, oil pricing and the economies of some countries not performing as we are expecting. — Lakshmi

I smiled down at Charlie, and I understood that he would be free now even if I would not. In this way the life that was in me would find its way in him now. It was not a sad feeling. I felt my heart take off lightly like a butterfly and I thought, yes, this is it, something has survived in me, something that does not need to run anymore, because it is worth more than all the money in the world and its currency, its true home, is the living. And not just the living in this particular country or in that particular country, but the secret, irresistible heart of the living. I smiled back at Charlie and I knew that the hopes of this whole human world could fit inside one soul. — Chris Cleave

I can't imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status. — Sam Zell

It is the people who constitute the basis of Government credit. Why then cannot the people have benefit of their own gilt-edge credit by receiving non-interest bearing currency-instead of bankers receiving the benefit of the people's credit in interest-bearing bonds. If the United States Government will adopt this policy of increasing its national wealth without contributing to the interest collector-for the whole national debt is made up on interest charges-then you will see an era of progress and prosperity in this country such as could never have come otherwise. — Thomas A. Edison

Pakistan is the first South Asian country to sign a free trade agreement and currency swap agreement with China. — Li Keqiang

Offendedness is just about the last shared moral currency in our country. And, I'm sorry, but it's really annoying. We don't discuss ideas or debate arguments, we try to figure out who is most offended. — Kevin DeYoung

Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to the duty imposed, when a new tariff will be required. — John C. Calhoun

If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country. — David Graeber

Providing reserves and exchanges for the whole world is too much for one country and one currency to bear. — Henry H. Fowler

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline. — Ray Dalio

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques. — Bill Gross

It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way. — Lawrence Summers

Education is the only currency which you can spend in every country of the world without losing its value. — Debasish Mridha

We have made it possible, without gold and without foreign exchange, to maintain the value of the German mark. Behind the German mark stands the German capacity for work, while some foreign countries, suffocated by gold, have been compelled to devalue their currencies. — Adolf Hitler

There is no point in saving the currency if we lose the country that goes with it. — John Redwood

The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus. — Peter Schiff

I have heard your orators speak on many questions. One among them the so-called vital question of money which is above all things the most coveted commodity but I, as a Jainist, in the name of my countrymen and of my country, would offer you as the medium of the most perfect exchange between us, henceforth and forever, the indestructible, the unchangeable, the universal currency of good will and peace, and this, my brothers and sisters, is a currency that is not interchangeable with silver and gold, it is a currency of the heart, of the good life, of the highest estate on the earth. — Virchand Gandhi

One variety of the balance-of-payments theory attempts to distinguish between the importation of necessaries and the importation of articles that can be dispensed with. Necessaries, it is said, have to be bought whatever their price is, simply because they cannot be done without. Consequently there must be a continual depreciation in the currency of a country that is obliged to import necessaries from abroad and itself is able to export only relatively dispensable articles. To argue thus is to forget that the greater or less necessity or dispensability of individual goods is fully expressed in the intensity and extent of the demand for them in themarket,and thus in the amount of money which is paid for them. However strong the desire of the Austrians for foreign bread, meat, coal, or sugar, may be, they can only get these things if they are able to pay for them. — Ludwig Von Mises

By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent. — George Soros

The chief duty of the National Government in connection with the currency of the country is to coin money and declare its value. Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender. The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, and not upon its compulsory circulation. These notes are not money, but promises to pay money. — George Washington

In the end, the British didn't vote to leave because of the euro. They're not even members of the currency union. Even the refugee crisis hardly affected the country. — Jean-Claude Juncker

These stupid biases and discrimination are the reason our country is so screwed up. It's Tamil first, Indian later. Punjabi first, Indian later. It has to end. National anthem, national currency, national teams - still, we won't marry our children outside our state. How can this intolerance be good for our country? — Chetan Bhagat

If we have a common currency, the main regulator for policy in the country is the fiscal policy. — Iveta Radicova

I happen to believe that the deepest value of fiction is that, in its very fictiveness, it is the one arena where we can, at least temporarily, take apart and refuse to compete within the terms that the rest of existence insists on. Market value may come to drive out all other human values, except, perhaps, in the country of invented currency, the completely barter-driven economy of the imagination. Fiction, when it remembers its innate priority over other human transactions, can deal not in price but in worth. And that seems to me an act filled with political potential, as well as with pleasure. — Richard Powers