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Country Quotes

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Country Quotes

“When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.”

Country Values Issues Gold Paid Notes Checks Goods Commodity Certificates Purchasers

Book:Tragedy and Hope: A History of the World in Our Time

Source: Tragedy and Hope: A History of the World in Our Time

“Ten thousand casks, Forever dribbling out their base contents, Touch'd by the Midas finger of the state, Bleed gold for ministers to sport away. Drink, and be mad then; 'tis your country bids!”

Country States Sports Forever Drink Thousand Ten Gold Mad Fingers Ministers Midas

Book:William Cowper: The Task and Selected Other Poems

Source: William Cowper: The Task and Selected Other Poems

“Never in history was there a method devised of such efficacy for setting each country's advantage at variance with its neighbours' as the international gold (or, formerly, silver) standard.”

Country Standards Advantage Gold Method Investing International Setting Settings Silver Neighbour Efficacy Variance

Book:The collected writings of John Maynard Keynes

Source: The collected writings of John Maynard Keynes

“It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.”

May Made Stills Country Values Natural Standards Gold Honestly Permanent Silver Temporary Commodity Conform Coins Variation Liable Fluctuation Gold And Silver

Book:The Works of David Ricardo ...

Source: The Works of David Ricardo ...

“Investors, monarchies, and parliamentarians devised methods to control the processes of wealth accumulation and the power that came with it, but the ideology behind gold fever mobilized settlers to cross the Atlantic to an unknown fate. Subjugating entire societies and civilizations, enslaving whole countries, and slaughtering people village by village did not seem too high a price to pay, nor did it appear inhumane. The systems of colonization were modern and rational, but its ideological basis was madness.”

“The European countries are really hoping to do well in the Olympics. If they win gold medals, they can use them as cash.”

Ifs Wells Country Use Funny Winning Gold Cash Olympics Medal Gold Medals European Countries London Olympics

Author:David Letterman

“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 Beens Made Country Values Behinds Capacity Gold Mark Made It Currency Compelled Foreign Countries Devalue Foreign Exchange

Author:Adolf Hitler