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Crisis Quotes

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Crisis Quotes

“In the end, the British didn't vote to leave because of the euro. They're not even members of the currency union. Even the refugee crisis hardly affected the country.”

Ends Country Members Vote Crisis Unions British Affected Currency Refugee Euro Refugee Crisis

Author:Jean-Claude Juncker

“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.”

Wells Reason Today Common Economic Crisis Financial Reason Why Currency Worth It Survived Euro Poland Economic Crisis Not Worth It

Author:Jaroslaw Kaczynski

“We are privileged that the dollar is the "currency of last resort" and the most important currency in the world. Global commodities are priced in dollars. Central banks in other countries hold great quantities of dollars. The dollar was the safe harbor, the port in the storm during the credit crisis.”

World Important Country Lasts Safe Crisis Dollars Credit Storm Quantity Currency Other Countries Commodity Privileged Resorts Harbors Port Central Banks Safe Harbor

Author:Kabir Sehgal

“With the loss of the American dollar as its own currency and its devaluation, I think that people will not even be able to afford bread and milk. They're facing a real crisis in America and I think the solution is Islam.”

People Thinking Real Loss Solutions Crisis Islam Currency

Author:Anjem Choudary

“Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened.”

Believe Bigs Next Liberty Steps Events Crisis Dollars Rejection Believe In Me Currency Threatened Next Steps Personal Liberty Big Events

Author:Ron Paul

“You know what's truly weird about any financial crisis? We made it up. Currency, money, finance, they're all social inventions. When the sun comes up in the morning it's shining on the same physical landscape, all the atoms are in place.”

Knows Made Social Morning Sun Crisis Shining Financial Come Up Invention Finance Made It Landscape Atoms Currency Financial Crisis

Author:Bruce Sterling

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”

Should Mean Results Liberty Economic Involved Economics Crisis Finals Credit Alternatives Collapse Currency Expansion Avoiding Catastrophe Abandonment

Book:Human action: a treatise on economics

Source: Human action: a treatise on economics

“We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.”

Knows Government Running Levels Economy Capable Economics Crisis Debt Stable Currency High Level

Author:Paul Krugman

“At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.”

Paper Gold Crisis Financial Currency Financial Crisis

Author:John Buchanan Robinson