A Quote by Lee Child

Printing currency for foreigners to buy is the best racket a government can get into.

Lee Child

Quote Topics

Best Buy Currency Foreigners Get Government Printing Racket

Quote Author

Lee Child
British - Writer
Born: 1954

Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.

Anurag Thakur

Life is a racket. Writing is a racket. Sincerity is a racket. Everything's a racket.

Nick Tosches

War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses.

Smedley Butler

Government, possessing the power to create and issue currency and credit as money and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not borrow capital at interest as a means of financing government work and public enterprises.

Abraham Lincoln

The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.

Anurag Thakur

When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with US dollars now." I mean that it is so utterly brain dead, because they miss the whole point: the reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.

Bernard von NotHaus

Bitcoin is not a currency for a government; it is a global currency for the people.

Wences Casares

I had a swell racket. I was rewarded with honors, medals, promotions. l might have given Al Capone a few hints. The best he could do was to operate a racket in three city districts. The Marines operated on three continents.

Smedley Butler

I was very excited about a currency that was not controlled by a central government, that could be a free market currency. That was all the incentive I needed to dedicate my life to it.

Erik Voorhees

If you have your own currency, you have your own governance, so each currency becomes their own mini-government. Mini-government is a big word, but it's a body that is governed in a decentralized manner where users have a say, where there's oversight and transparency.

William Mougayar

People have asked why the new currency introduced was different in size and thickness from the old. This is because the new currency has been designed to make it hard to counterfeit. When you are going to make a change of this magnitude, you need to get the best standards in place.

Urjit Patel

Jews are the best dressers in the world. They buy the best clothes, the best homes, the best cars. The best of everything. The only thing is, they get it for less.

Jackie Mason

I think that the tying of the Montenegrin economy with the euro is a much better option than the adventure of printing our own currency.

Igor Luksic

These ways to make people buy were strange and new to us, and many bought for the sheer pleasure at first of holding in the hand and talking of something new. And once this was done, it was like opium, we could no longer do without this new bauble, and thus, though we hated the foreigners and though we knew they were ruining us, we bought their goods. Thus I learned the art of the foreigners, the art of creating in the human heart restlessness, disquiet, hunger for new things, and these new desires became their best helpers.

Han Suyin

The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch - Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference - that threatens to impoverish us by further destroying the value of our dollars.