A Quote by Charles P. Kindleberger

Debasement was limited at first to one’s own territory. It was then found that one could do better by taking bad coins across the border of neighboring municipalities and exchanging them for good with ignorant common people, bringing back the good coins and debasing them again. More and more mints were established. Debasement accelerated in hyper-fashion until a halt was called after the subsidiary coins became practically worthless, and children played with them in the street, much as recounted in Leo Tolstoy’s short story, Ivan the Fool.

Charles P. Kindleberger

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Across After Again Back Bad Became Better Border Bringing Children Coins Common Common People Could Established Exchanging Fashion First Fool Found Good Halt Hyper Ignorant Leo Limited More More And More Much Own People Played Practically Short Short Story Story Street Taking Territory Them Then Tolstoy Until Were Worthless

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Charles P. Kindleberger
American - Author
October 12, 1910 - July 7, 2003

Many gold and silver experts will recommend you buy numismatic coins - rare and old coins. If you are not a rare coin expert, I'd encourage you to stay away from them. New investors often pay too much for rare coins that are not really rare.

Robert Kiyosaki

I think my gap adds character. A while ago, on the street, a guy yelled, 'You could stick a gold through your front teeth!' Which meant I could put a £1 coin between them. But you can't. I've tried! Fifty-pence coins and 2-pence coins, yes. But not a pound.

Georgia May Jagger

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Barack Obama

The seals stupidly dive off rocks into swirling black water, barking mindlessly. The zookeepers feed them dead fish. A crowd gathers around the tank, mostly adults, a few accompanied by children. On the seals' tank a plaque warns: COINS CAN KILL——IF SWALLOWED, COINS CAN LODGE IN AN ANIMAL'S STOMACH AND CAUSE ULCERS, INFECTIONS AND DEATH. DO NOT THROW COINS IN THE POOL. So what do I do? Toss a handful of change into the tank when none of the zookeepers are watching. It's not the seals I hate——it's the audience's enjoyment of them that bothers me.

Bret Easton Ellis

It's insane how many Roman coins are being found! It's as if all Romans had holes in their pockets. They sowed coins wherever they went. Even in the fields. Maybe to grow money . . .

Pablo Picasso

Words are the coins making up the currency of sentences, and there are always too many small coins.

Jules Renard

Sometimes language gets in the way of the story's feelings. The reader finds himself experiencing the language of the story rather than the story. The words sit there on the page like coins, with their own opacity, as though they're there for their own sake. "A man goes into a phone booth, stirring coins in his palm." "Stirring" is such an obviously selected word. You can feel the writer looking for the word as he sat at the typewriter.

Leonard Michaels

The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with the same full privileges as American-minted coins.

Murray Rothbard

As a kid growing up in the 1950s I became acutely aware of the changes taking place in American culture and I must say I didn't much like it. I witnessed the debasement of architecture, and I could see a decline in the quality of things like comic books and toys, things made for kids. Old things seemed to have more life, more substance, more humanity in them.

Robert Crumb

That was how a Salomon bond trader thought: He forgot whatever it was that he wanted to do for a minute and put his finger on the pulse of the market. If the market felt fidgety, if people were scared or desperate, he herded them like sheep into a corner, then made them pay for their uncertainty. He sat on the market until it puked gold coins. Then he worried about what he wanted to do.

Michael Lewis

I'm not officially a collector, but I have a strange attraction and a weakness for keys and coins. Old keys and interesting coins.

Patrick Rothfuss

ICOs are obviously a new and interesting form of funding for blockchain-based protocols, but it's not clear that all of them comply with U.S. securities laws or that all of them are companies that have good native use cases for new coins.

Naval Ravikant

truths are illusions of which one has forgotten that they are illusions, metaphors that have become worn-out and deprived of their sensuous force, coins that have lost their imprint and are now no longer seen as coins but as metal.

Friedrich Nietzsche

Originally, Congress provided in 1793 that all foreign coins circulating in the United States be legal tender. Indeed, foreign coins have been estimated to form 80 percent of American domestic specie circulation in 1800.

Murray Rothbard

We all understand that the debasement of a nation's coinage is very pernicious and must prove disastrous to its commerce. How much more dangerous is the debasement of the spiritual coinage!

Virchand Gandhi

Yes, we could talk to you for days on end about all the bad first dates. Those are stories. Funny stories. Awkward stories. Stories we love to share, because by sharing them, we get something out of the hour or two we wasted on the wrong person. But that's all bad first dates are: short stories. Good first dates are more than short stories. They are first chapters. On a good first date, everything is springtime. And when a good first date becomes a relationship, the springtime lingers. Even after it's over, there can be springtime.

David Levithan

A Quote by Charles P. Kindleberger

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