A Quote by Yuval Noah Harari
Dollar bills have absolutely no value except in our collective imagination, but everybody believes in the dollar bill.
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The value of a dollar is to buy just things; a dollar goes on increasing in value with all the genius and all the virtue of the world. A dollar in a university is worth more than a dollar in a jail; in a temperate, schooled, law-abiding community than in some sink of crime, where dice, knives, and arsenic are in constant play.
The fact that you can forge a twenty dollar bill doesn't prove that all twenty dollar bills are forgeries.
Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
I will always choose the dollar bill carrying a wildly fluctuating discount rather than the dollar bill selling for a quite stable premium.
And as we know now, and as I pointed out many times, the great plume of fire at the bottom of the Space Shuttle is actually dollar bills burning, and the most efficient method of destroying American dollar bills as has ever been devised by man.
A huge dollar bill is the most accurate way to teach children the real motto of the United States: In the Almighty Dollar We Trust... Until the average American realizes that capitalism damages her livelihood while augmenting the livelihoods of the wealthy, the Almighty Dollar will continue to rule. It certainly is not ruling in our favor.
The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.
It is unlikely that others would even demand their money back overnight, for doing so would lead to the value of the dollar plummeting; what they would get back with be worth little. But what we are already seeing is an erosion of confidence of the dollar, which is seeing the dollar fall in value.
As the dollar's exchange value declines, so will the value of dollar-denominated financial instruments, regardless of how many bonds the Federal Reserve purchases.
Those who value a strong safety net for our neediest citizens see that every extra dollar spent on these unions is a dollar that cannot go to help the sick, the elderly, and the vulnerable.
If you're really serious about protecting people's incomes, you've got to consider how you're going to protect the dollar. If you don't have the dollar maintaining its value, no matter where you put the money you're not going to have any value.
They say kids today don't know the value of a dollar. They certainly do know the value of a dollar. That's why they ask for five.
I've found that depending on the amount of the check, disciplined inspiration can be called upon willingly. I think the name of the lesser known tenth muse was Dollar Dollar Bill Y'all.
Where are the Black businesses? They're not here. The Koreans are here, the Chinese are here, the Arabs are here, the Indians are here. Everybody that wants to make a dollar is making a dollar on our lack of thought to do something for ourselves that was not present in that older generation that came from the South.
I am concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no - I say it is something wrong with the dollar.
We know that from the GI Bill after the Second World War, where Congress found that for every dollar we put in as taxpayers into free higher education for returning GIs, we got back $7 for every dollar invested. An enormous return on our money in public benefits and improved revenue.
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