Top 861 Currency Quotes & Sayings - Page 15

Build a good name. Keep your name clean. Don’t make compromises, don’t worry about making a bunch of money or being successful. Be concerned about doing good work. Protect your work and if you build a good name, eventually that name will be its own currency. Life is like a roller coaster ride, it is never going to be perfect. It is going to have perfect moments and rough spots, but it’s all worth it.

Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.

What [Donald] has put up for question is this idea of tariffs. Initially, he said if China won't stop taking advantage of us and manipulating their currency, then I will put tariffs in place. That spooked everybody because if you charge China a fee and an extra tariff for anything they bring into the United States, what's going to happen is that companies carrying those goods are going to raise prices. It's going to be expensive for people. People got scared of that, but then he walked that [idea] back. I don't think anybody is expecting heavy tariffs on anything.

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.

In the days of peace every precaution should be taken to insure that there are no forces making for war. Just as we now forbid the trafficking in certain drugs, in the sale of poisons, just as we forbid the making of any imprint that suggests a coin or currency, just as experience has demonstrated that men may not make profit out of certain things because of the danger of abuse, so in the gravest of all dangers laws should be passed taking from those who might gain from war or preparations for war every hope that advantage could come to them by such a calamity.

Our jobs are fleeing the country. They're going to Mexico. They're going to many other countries. You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.

Diversity worship and multiculturalism are currency and cause for celebration at just about any college. If one is black, brown, yellow or white, the prevailing thought is that he should take pride and celebrate that fact even though, just as in the case of my eye color, he had nothing to do with it. The multiculturist and diversity crowd see race as an achievement. In my book, race might be an achievement, worthy of considerable celebration, only if a person was born white and through his effort and diligence became black.

Wisdom is like the rain. Its source is unlimited, but it comes down according to the season. Grocers put sugar in a bag, but their supply of sugar is not the amount in the bag. When you come to a grocer, he has sugar in abundance. But he sees how much money you have brought and gives accordingly. Your currency on this Path is resolution and faith, and you are taught according to your resolution and faith. When you come seeking sugar, they examine your bag to see what its capacity is; then they measure out accordingly.

Thanks to the euro, our pockets will soon hold solid evidence of a European identity. We need to build on this, and make the euro more than a currency and Europe more than a territory... In the next six months, we will talk a lot about political union, and rightly so. Political union is inseparable from economic union. Stronger growth and Euorpean integration are related issues. In both areas we will take concrete steps forward.

Vladimir Putin is the wealthiest man on the planet, for sure. But this is different to the wealth of a Bill Gates or a Warren Buffett, a Carlos Slim or a Sergey Brin. They stay wealthy whether it is Barack Obama or Donald Trump in power. Putin's wealth depends on him staying in power. It is all about controlling the budget, the hard currency reserves and keeping under his thumb the oligarchs who cannot move their money without his permission. It is something close to a trillion dollars that he can control and move.

The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years. China went into the World Trade Organization and agreed to play by certain rules. Instead, they are illegally subsidizing their exports, manipulating their currency, stealing all of our intellectual property, using sweatshops, using pollution havens. What happens is, our businesses and workers are playing that game with two hands tied behind their back.

It used to be that wealthy people were the leisure class, and having time off was a status symbol. That's switched now: being busy and overworked is the reality for many white-collar workers, and there's a kind of perverse currency to that, competitive busy-ness. At the other end of the income scale, there's a swath of lower-wage workers who are underemployed or unemployed, with too much unwanted leisure, and zero status for that. For shift workers, devices mean they're accessible in ways they weren't before, susceptible to that call from the boss to log more hours.

There are some things in the world we can't change- gravity, entropy, the speed of light, and our biological nature that requires clean air, clean water, clean soil, clean energy and biodiversity for our health and well-being. Protecting the biosphere should be our highest priority or else we sicken and die. Other things, like capitalism, free enterprise, the economy, currency, the market, are not forces of nature, we invented them. They are not immutable and we can change them. It makes no sense to elevate economics above the biosphere.

If drugs were legalized in the US, the Mexican economy would collapse since the earnings from drugs bring in more hard currency than its largest licit source, oil sales. Mexico is a corrupt state that has now become dependent on the earnings on an illegal product. But inevitably, the product will become legal and then Mexico will retain its corruption but must face the needs of its citizens now employed by the drug industry who have become steeped in violence and conditioned to higher incomes.

Paul Otremba’s remarkable first book, The Currency, is an intriguing foray into lyric epistemology that tries to come to ter ms with the implacable, paradox-ridden nature of knowledge and experience. These are deeply felt, deeply meditated poems guided by a sensibility highly attenuated to the physical world. In their openness to friendship and love and in their fearless directness, they remind me of the work of Larry Levis and Jon Anderson. Like Levis and Anderson, Otremba promises to be an influential and important voice for his generation.

Sometimes markets err big time. Markets erred when they gave America Online the currency to buy Time Warner. They erred when they bet against George Soros and for the British pound. And they are erring right now by continuing to float along as if the most significant credit bubble history has ever seen does not exist. Opportunities are rare, and large opportunities on which one can put nearly unlimited capital to work at tremendous potential returns are even more rare. Selectively shorting the most problematic mortgage-backed securities in history today amounts to just such an opportunity.

In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support constant swindling. Instead of automatic currencies based on gold, people are forced to take managed currencies based on guile. Instead of precious metals they hold paper promises whose value falls with every bureaucratic whim. And they are suavely assured that only hopelessly antiquated minds dream of returning to truth and honesty and solvency and gold.

Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.

I am confident that those who believe in belief are wrong. That is, we no more need to preserve the myth of God in order to preserve a just and stable society than we needed to cling to the Gold Standard to keep our currency sound. It was a useful crutch, but we've outgrown it. Denmark, according to a recent study, is the sanest, healthiest, happiest, most crime-free nation in the world, and by and large the Danes simply ignore the God issue. We should certainly hope that those who believe in belief are wrong, because belief is waning fast, and the props are beginning to buckle.

I pay tribute to John Major's achievement in persuading the other 11 Community Heads of Government that they could move ahead to a Social Chapter but not within the treaty and without Britain's participation. It sets a vital precedent. For an enlarged Community can only function if we build in flexibility of that kind... John Major deserves high praise for ensuring at Maastricht that we would not have either a Single Currency or the absurd provisions of the Social Chapter forced upon us: our industry, workforce, and national prosperity will benefit as a result.

It is the people who constitute the basis of Government credit. Why then cannot the people have benefit of their own gilt-edge credit by receiving non-interest bearing currency-instead of bankers receiving the benefit of the people's credit in interest-bearing bonds. If the United States Government will adopt this policy of increasing its national wealth without contributing to the interest collector-for the whole national debt is made up on interest charges-then you will see an era of progress and prosperity in this country such as could never have come otherwise.