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Monetary Quotes

Browse 289 quotes about Monetary.

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Monetary Quotes

“Monetary calculation is not the calculation, and certainly not the measurement, of value. Its basis is the comparison of the more important and the less important. It is an ordering according to rank, an act of grading (Cuhel), and not an act of measuring. It was a mistake to search for a measure of the value of goods. In the last analysis, economic calculation does not rest on the measurement of values, but on their arrangement in an order of rank.”

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Book:Epistemological Problems of Economics
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“In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often, cannot afford), rather than the one we prefer. We are only as free as our purchasing power permits. Even many wealthy people today select a residence mainly to impress others with their status. Lacking a true sense of self worth, many live to impress others.”

PeopleSelfTodayHouseCarLifestyleSelf WorthWealthyPermitLackingImpressSelectSense Of SelfMonetaryPurchasingResidenceMonetary SystemPurchasing Power
Author:Jacque Fresco
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“I have no regrets - in fact, I am pleased to have expelled the US ambassador, the Drug Enforcement Administration (DEA) and to have closed the US military base in Bolivia. Now, without a US ambassador, there is less conspiracy, and more political stability and social stability. Without the International Monetary Fund, we are better off economically.”

FactsPoliticalSocialMilitaryRegretDrugInternationalAdministrationFundStabilityConspiracyEnforcementBetter OffNo RegretsMonetaryAmbassadorsHave No RegretsBoliviaUs Military
Author:Evo Morales
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“Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.”

IfsPastSuccessfulModernStandardsGoldDebtGenuineReformFixedSilverFraudBankingInflationPaymentMonetaryCentral BanksSuspensionBailGold And SilverGold StandardRations
Author:Lawrence Reed
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“The life of a chess master is much more difficult than that of an artist - much more depressing. An artist knows that someday there'll be recognition and monetary reward, but for the chess master there is little public recognition and absolutely no hope of supporting himself by his endeavors. If Bobby Fischer came to me for advice, I certainly would not discourage him - as if anyone could - but I would try to make it positively clear that he will never have any money from chess, live a monk-like existence and know more rejection than any artist ever has, struggling to be known and accepted.”

IfsKnowsTryingLittlesArtistDifficultExistenceKnownStruggleClearAdviceMastersRewardsAcceptedChessRecognitionRejectionSomedayEndeavorDepressingMonkPositivelyDiscouragingMonetaryNo HopeFischer
Author:Marcel Duchamp
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“The World Trade Organization, The World Bank, The International Monetary Fund and other financial institutions virtually write economic policy and parliamentary legislation. With a deadly combination of arrogance and ruthlessness, they take their sledgehammers to fragile, interdependent, historically complex societies and devastate them, all under the fluttering banner of 'reform'.”

WorldWritingEconomicPolicyOrganizationInstitutionsTradeComplexesFinancialInternationalReformCombinationArroganceFundFragileLegislationMonetaryBannerEconomic PolicyWorld TradeParliamentaryFlutteringRuthlessnessFinancial InstitutionsWorld BankWorld Trade Organization
Author:Arundhati Roy
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“A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a big complicated system through barter, through converting one commodity into another. You need a monetary system to operate. And the instability in that monetary system is devastating to the performance of the economy.”

NeedsBigsRunningEconomyPerformancesComplicatedEnterpriseCommodityMonetaryTransactionsMeasuringInstabilityConvertingPrivate EnterpriseMonetary SystemNeed Money
Author:Milton Friedman
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“In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.”

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Author:Noam Chomsky
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“The position of EU commissioner for economic and monetary affairs could be combined with the office of Euro Group chairman. That job would be a great challenge for anyone who assumed it. On the one hand, he would have to make proposals. On the other hand, he would have to negotiate compromises with his European counterparts.”

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Author:Jean-Claude Juncker
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“The economic union - creating a big common market, like the United States, so that you can compete across borders. There are common rules, regulations, and simplification, and that is still a good reason, too. When they put their monetary union together, that created a rigidity that made it hard for currency fluctuations. They don't really have a solution to that.”

MadeStillsHardStatesReasonBigsTogetherUnitedCommonUnited StatesEconomicCreatingSolutionsUnionsMade ItBordersRegulationCurrencyMonetaryRigiditySimplificationFluctuation
Author:Jamie Dimon
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“The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring, it's difficult to understand, we need to have high minded people like "Greenscum" and Bernanke to do things like this (and don't forget Volker, there's the whole cast of them). The thing is that people have been educated or miseducated or brainwashed into believing that this is wayyyy too complicated for regular people to understand and that we need to let PhD economists guide us along in terms of what's right... and that's all bull.”

PeopleNeedsBelieveHas BeensWholeProblemCareDifficultTermForgetCastsDon't CareBoringComplicatedGuidesEducatedEconomistBullsMonetaryBrainwashedMonetary SystemPhds
Author:Bernard von NotHaus
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“I don't want to give too much away, but something horrible happens in 1977. That was also the year of the Queen's Silver Jubilee. I remember this jubilee. I remember receiving a commemorative coin from the school. I think it was a fifty pence piece. That was its monetary value, but it was not a normal fifty pence piece, and it would have been strange to try and use it in a shop.”

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Author:Quentin S. Crisp
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“Political uncertainty around the world has more than doubled since the election of Trump. To find anything comparable we have to go way back, to the late 1920s for example, the times of the Great Depression. Or think of the United Kingdom in the 1970s, when the International Monetary Fund had to help the country out with a dramatic rescue operation. Up until the Greek crisis, that was the last time that the IMF was forced to intervene to such an extent in Europe.”

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Author:Nicholas Bloom
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