“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.” CountryStandardsAdvantageGoldMethodInvestingInternationalSettingSettingsSilverNeighbourEfficacyVariance Book:The collected writings of John Maynard Keynes Source: The collected writings of John Maynard Keynes
“On the contrary, it's because somebody knows something about it that we can't talk about physics . It's the things that nobody knows anything about that we can discuss. We can talk about the weather; we can talk about social problems; we can talk about psychology; we can talk about international finance gold transfers we can't talk about, because those are understood so it's the subject that nobody knows anything about that we can all talk about!” KnowsProblemSocialPsychologySubjectsUnderstoodGoldInternationalContraryPhysicsWeatherFinanceTransfersNobody KnowsSocial Problems Author:Richard P. Feynman
“I think the word of the United States has been as good as gold in its international dealings and its agreements.” ThinkingHas BeensStatesUnitedUnited StatesGoldInternationalAgreementDealings Author:Condoleezza Rice
“There are so many currency exchange rate problems that people are buying gold as a safe haven. Right now, gold looks like a safe haven if international exchange rates break down.” PeopleIfsLooksProblemBreakHavensRight NowSafeGoldRateInternationalBuyingCurrencyBreaking DownSafe HavenBuying Gold Author:Michael Hudson
“Maybe [the Republicans] 'll find ways around it, but the financial system of the world depends very heavily on the credibility of the US Treasury Department. US Treasury securities are what's called "good as gold"; they're the basis of international finance, and if the government can't uphold them, if they become valueless, the effect on the international financial system could be quite severe. But in order to destroy a limited health-care law, the right-wing Republicans, the reactionary Republicans, are willing to do that.” IfsWorldWayGovernmentCareLawOrderEffectsSecurityWillingDependsRepublicanGoldBasesWingsFinancialInternationalFinanceHealth CareDepartmentSevereCredibilityRight WingTreasuryReactionariesFinancial SystemValuelessUs Treasury Author:Noam Chomsky
“The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.” PeopleWorldWayKindStillsRealGovernmentMagicGoldInternationalSymbolsFundCurrencyMonetaryReassuringCentral BanksVaults Author:James Surowiecki
“I looked up and saw my flag. But I didn't hear my anthem. The quotation above from 6 ft 4 inch, 286 pound Silver Medalist Ghaffari (who broke down in tears on the medal stand) summed up his disappointment after an overtime loss to Aleksandr Karelin of Russia. A win would have given Ghaffari not only the Olympic gold medal but also his first victory over Karelin, something of which he has literally dreamed about after 20 meets between the two. Karelin dominates international competition in the sport.” FirstsTwoWinningGivenSportsLossSawsTearsVictoryGoldCompetitionInternationalDisappointmentRussiaBrokeSilverPoundsFlagsInchesQuotationsMedalGold MedalsAnthem Author:Matt Ghaffari
“If there was an Olympics for misleading, mismanaging and misappropriating, this administration would take the gold. World records for violations of national and international laws. They want another four-year term to continue to alienate our allies, spend our children's inheritance and hollow out our economy. We can't afford another Republican administration.” IfsWorldWantYearsChildrenLawTermEconomyRecordsFourRepublicanGoldOur ChildrenInternationalAdministrationAlliesFour YearsOlympicsInheritanceHollowViolationMisleadInternational LawWorld Records Author:Dennis Kucinich
“There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.” MightPurposeEffortFiveInfluenceCircumstancesGoldInternationalCreditAssetsCooperationJointsProvisionCentral BanksJoint EffortsForeign Exchange Author:William Smith White