A Quote by Uday Kotak

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

Quote Topics

Advantage After Competitiveness Currency Else Get Inability Inflation More National Once Once More Raise Take Take Advantage Tariff Waste Weaker Will

Quote Author

Uday Kotak
Indian - Businessman
Born: March 15, 1959

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

All issues - purchasing and selling of currency - are related to the regulation of the national currency market. However, it is still difficult to say what will be the reaction of the Central Bank and if it would lead to increasing the gold and foreign currency reserves.

Vladimir Putin

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

Weaken American encryption and consumers - both good and bad actors - will simply seek their technology from companies based abroad. Weaker encryption also means weaker national security.

Ted Lieu

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

N. Chandrababu Naidu

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

If a weaker baboon be attacked by a stronger baboon the weaker baboon will either (a) present his hrump fanny I believe is the word, gentlemen, heh heh for passive intercourse or (b) if he is a different type baboon more extrovert and well-adjusted, lead an attack on an even weaker baboon if he can find one.

William S. Burroughs

Concerning the common currency: today, the euro is not worth it for Poland. The reason why we survived the financial and economic crisis quite well is that we have a national currency. This will not change in the near future.

Jaroslaw Kaczynski

A national currency, with the Euro as a common currency - that wouldn't bother me.

Marine Le Pen

I think that the movement is weak in Zimbabwe, much weaker than it is in Italy for example, much weaker than it is in Spain, much weaker than it is even in Germany, although there the groups are small they are very vociferous and you get them speaking loudly and organising.

Robert Mugabe

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

Alan Greenspan

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

There is no legislation--I care not what it is--tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.

William Howard Taft

Immoderate power, like other intemperance, leaves the progeny weaker and weaker, until nature as in compassion covers it with her mantle and it is seen no more.

Walter Savage Landor

I think something like three-quarters of American currency is held abroad, by drug dealers, by tax evaders, Russians and Chinese. Other people think that they want to protect themselves against their own currency going down. When you have 75% of the currency and even more of the high-denomination $100 bills held abroad, you wonder whether these are people we really want to pay. If you get rid of the $100 bills, its foreign holders will be the main losers.