A Quote by Chris Powell

The Debasement of World Currency:It Is Inflation, But Not As We Know It

Chris Powell

Quote Topics

Currency Inflation Know World

Quote Author

Chris Powell
English - Coach
Born: March 2, 1980

Never underestimate the totality of chaos and betrayal that comes through currency debasement.

James Cook

A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness.

Uday Kotak

Images are the currency of our age, but it's a toss-up whether live in a time of abundance or debasement.

Douglas McCulloh

Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.

John Maynard Keynes

The Federal Reserve Act as it stands seems to me to open the way to a vast inflation of the currency. I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency.

Henry Cabot Lodge

I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.

Richard Cobden

Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by any kind of hard currency, it would cause people all around the world to desire that currency for their savings, rather than dollars.

Porter Stansberry

Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.

Janet Yellen

If the governments devalue the currency in order to betray all creditors, you politely call this procedure 'inflation'.

George Bernard Shaw

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

A strong currency means that American consumers and businesses can buy imported goods and services more cheaply and that inflation and interest rates will be lower, ... It also puts pressure on American industry to increase productivity and competitiveness. These benefits can feed on themselves as foreign capital flows in more readily because of greater confidence in our currency. A weak dollar would have the contrary effects.

Robert Rubin

Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.

N. Chandrababu Naidu

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

Ludwig von Mises

Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.

Murray Rothbard

Studio films are driven by marketing. The currency is literally money. But in the indie world, the currency is passion.

Justin Lin

We know that inflation distorts economic behavior. In the 1970s, a combination of high tax rates and inflation prompted investors to flee production in favor of protection.

Nina Easton

A Quote by Chris Powell

Quote Topics

Quote Author

Related Quotes

Related Authors