A Quote by Nipsey Hussle

People that's in power - the central banks, these fiat currencies that are traded globally - they got influence over the messaging and the narrative in the media.

Nipsey Hussle

Quote Topics

Banks Central Central Bank Central Banks Fiat Globally Got Influence Media Messaging Narrative Over People Power Traded

Quote Author

Nipsey Hussle
American - Rapper
August 15, 1985 - March 31, 2019

Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.

Peter Schiff

When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power.

James Rickards

A dollar vigilante is a free market individual who protests the government monopoly and financial policies, such as fractional reserve banking and unbacked fiat currencies, by selling those same fiat currencies in favor of other assets, including gold and precious metals.

Jeff Berwick

It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.

Paul Volcker

I don't think central banks are going to give up fiat currency anytime in my lifetime.

Brad Garlinghouse

Bitcoin has been described as a decentralized, peer-to-peer virtual currency that is used like money - it can be exchanged for traditional currencies such as the U.S. dollar or used to purchase goods or services, usually online. Unlike traditional currencies, Bitcoin operates without central authority or banks and is not backed by any government.

Perianne Boring

After the first time I got traded - I was in the bullpen warming up for a game in Double A, and I got called back in and got traded - that was probably the, like, most crazy it could be. And once I got traded, the next time it got a little easier, and I got traded the next time - it's just part of it.

Drew Pomeranz

Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.

Alan Greenspan

The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.

James Surowiecki

The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there may be a democratization of the way currencies are priced.

Porter Stansberry

If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.

Alan Greenspan

I think fiat currencies will become digital.

Tyler Winklevoss

Complementary currencies work in addition to existing money, rather than replacing existing, official money. There are whole different families of complementary currencies. One of them is local currencies. One is regional currencies. Another is functional currencies. Another is social-purpose currencies.

Bernard Lietaer

Mainstream media can be controlled, right. Because messaging from mainstream comes from that particular news outlet or whatever. Then you have the top people driving that messaging, and then that's what it is, right? Social media can really stir up a higher level of panic. If you think about it, it's not controlled.

Dr. Disrespect

The aim of being a good designer is to have an influence. If you design furniture or lifestyle, you should influence the way people evolve globally. It's good to have an influence.