“Vodka has a huge history in Russia, in that it's almost like a currency. It's the one thing that keeps the country in the dark ages and having a rollicking good time.” CountryAgeDarkOne ThingHugeRussiaGood TimesCurrencyDark AgesVodka Author:Gary Shteyngart
“It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.” WayImportantCountryRememberResponsibilityHugeSourceFortunateCurrencySource Of StrengthBond Market Author:Lawrence Summers
“It may seem strange, but Congress has never developed a set of goals for guiding Federal Reserve policy. In founding the System, Congress spoke about the country's need for "an elastic currency." Since then, Congress has passed the Full Employment Act, declaring its general intention to promote "maximum employment, production, and purchasing power." But it has never directly counseled the Federal Reserve.” NeedsMayCountryWisdomSeemsPoliticsGoalEconomyPolicyStrangeIntentionCongressProductionsEmploymentLiberalismSpokesCurrencyReservesFoundingMaximumFederal ReserveDeclaringPurchasingPurchasing Power Author:Wright Patman
“We have made it possible, without gold and without foreign exchange, to maintain the value of the German mark. Behind the German mark stands the German capacity for work, while some foreign countries, suffocated by gold, have been compelled to devalue their currencies.” Has BeensMadeCountryValuesBehindsCapacityGoldMarkMade ItCurrencyCompelledForeign CountriesDevalueForeign Exchange Author:Adolf Hitler