Pegged Currency Quotes & Sayings

I like to sit down every day and not know where the book is going. I have no idea where the book is going to go or how it's going to end as I'm writing it. — Ted Bell

The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange rate, abolish your central bank and adopt a currency board instead. Either extreme; a fixed exchange rate through a currency board, but no central bank, or a central bank plus truly floating exchange rates; either of those is a tenable arrangement. But a pegged exchange rate with a central bank is a recipe for trouble. — Milton Friedman

When people are warm, they cannot stand picking terms. — Maria Edgeworth

The novel is the medium which makes it possible for people of ordinary intelligence to communicate their ideas to the world. — Virginia Woolf

Once you outgrow that fetching habit of faith you will display a ferocious authority. — Gregory Maguire

It has become the fashion to talk about Mysticism, even to pose as Mystics, and - need it be said? - those who talk the most on such subjects are those who know the least. — Thomas Aquinas

Being gay, the last time I looked, had nothing to do with reading a balance book, fixing a broken bone or changing a spark plug. — William J. Clinton

Not only do you have to put yourself in harms way in service of your country, you have to leave your families at home. It is a great sacrifice. — Fred Wilson

[T]he game's got to be played on the field, and that's the one day that's got to be the most important day. — Lisa Fernandez

The problem with having currency is that any society that controls it eventually debases it and taxes it. Any society that doesn't control it will still have it evolve, and then the currency becomes pegged to outside influences - like the scarcity of precious metals, colored seashells, or large circular rocks with holes in the middle. — L.E. Modesitt Jr.

There has been a comparatively greater proportion of good queens, than of good kings. — Sarah Moore Grimke

PRO3.3 Let not mercy and truth forsake thee: bind them about thy neck; write them upon the table of thine heart: PRO3.4 So shalt thou find favour and good understanding in the sight of God and man. PRO3.5 Trust in the LORD with all thine heart; and lean not unto thine own understanding. — Anonymous

For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs. — Dalia Grybauskaite