“A single currency means a single government, and that single government would be the government whose policies determined every aspect of economic life.” MeanGovernmentWould BeEconomicPolicyAspectDeterminedCurrency Book:Reflections Source: Reflections
“Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.” WellsWisdomPoliticalPoliticsIndividualEconomyEconomicActivityPropertyContraryLiberalismGuaranteesEfficientStableCurrencyVacuumsPublic ServicePrivate PropertyMarket EconomyIndividual Freedom Book:The Encyclicals of John Paul II Source: The Encyclicals of John Paul II
“...let's talk about soccer scores. There are a few things that people all around the world need to admit to themselves. Trade restraints slow economic growth, the euro is not a reserve currency and scoreless sports ties are boring.” PeopleWorldNeedsSportsGrowthEconomicTradeBoringAround The WorldSoccerTiesScoreCurrencyReservesRestraintEconomic GrowthEuro Author:P. J. O'Rourke
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” FirstsWarPoliticalNationsEconomicEconomicsProsperityRuinsPermanentTemporaryCurrencyRefugeInflationPolitical EconomyOpportunistPanaceaEconomy And Economics Book:The Hemingway Collection Source: The Hemingway Collection
“Barack Obama has fatally undermined our currency, our solvency, our financial stability, and - ultimately - our economy all to spend money that has had no economic effect!” EconomyEconomicEffectsFinancialBarackStabilityCurrencyFinancial Stability Author:Dick Morris
“The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus.” WorldGivingCountryPlayGovernmentRolesEconomicPoliticianUniqueDollarsDebtOilFactorsPrimariesPreservesBuyingProductiveWillingnessCurrencyReservesSnakesSantaSanta ClausTreasuryCartsCreditorsBlanche Author:Peter Schiff
“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.” WellsReasonTodayCommonEconomicCrisisFinancialReason WhyCurrencyWorth ItSurvivedEuroPolandEconomic CrisisNot Worth It Author:Jaroslaw Kaczynski