It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.
Just as money is not real, consumable wealth, books are not life. To idolize scriptures is like eating paper currency.
The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.
Government intervention in the economy - through taxes, regulation and, most importantly, currency inflation - causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression - wherein the entire sickly structure comes unglued.
The founders of our nation feared paper currency because it gave government the means to steal from its citizens.
Legacy is greater than currency.
Weaker currencies abroad mean a strong dollar, and a stronger dollar, together with a weak global environment, is a drag on the U.S. economy. So it's important, as it affects overall levels of production and employment in the U.S. There are many domestic industries doing well in the United States, notwithstanding a strong dollar.
If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.
Storytelling is my currency. It's my only worth. The only thing of value I have in this life is my ability to tell a story, whether in print, orating, writing it down or having people acting it out.
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.
People are very uncomfortable when you call actors artists because there are a lot of actors out there that aren't artists - there are a lot of actors that are hired for very specific reasons that are shallow and have to do with sexual currency and what the industry thinks sells. Real actors are artists, they're expressionists.
The language of religion holds the most currency for the masses.
When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with US dollars now." I mean that it is so utterly brain dead, because they miss the whole point: the reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.
Britain should not be forced to make a choice between joining the single currency and leaving the EU, because if we're forced to make that choice we would leave the EU.
Britain is not part of the single currency. That is a decision we have taken, a voluntary decision of this country, but as a result are part of a European Union 19 of whose members are rapidly integrating, creating political, fiscal, monetary, economic union to make their currency work. And that is increasingly rubbing up against the operation.
Purchasing power parities are not a reasonable method for comparing households across countries or currencies. The reason for this is simply that PPPs are sensitive to the prices of all the commodities, goods and services, that households are consuming worldwide, with each commodity weighted in the calculations according to its share in international household consumption expenditure.
The massive corruption common in so many developing countries would be quite impossible if Western countries did not provide convenient opportunities to ship ill-gotten funds out of the country. It wouldn't make much sense for a ruler to store in his basement large quantities of stolen cash in his own country's currency. A corrupt ruler wants to be able to keep this money safe and to be able to spend it. And for this, he needs to convert it into a Western currency and store it in a bank abroad, where it can also earn investment returns and be bequeathed to his heirs.
Global cooperation - dealing with other countries, getting along with other countries - is good. It's very important. But there is no such thing as a global anthem, a global currency, or a global flag.
And as secretary of state, I fought hard for American businesses to get a fair shot around the world and to stop underhanded trading practices like currency manipulation and the theft of intellectual property.
We've got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with the strength to embrace globalization.
The most potentially transformative impact of social media is its ability to encourage brands to marry profit and purpose. The reason brands participate is that such outreach earns those companies social currency enabling them to start or participate in conversations that connect them to consumers in meaningful ways.
The currency of universal values make brands innately sharable.
Social media's currency is the single photograph. Whereas, every time I look at a photograph, I look at twenty or thirty photographs. I'm looking for a narrative. And that's a different kind of construct. If you're a poet and you put a line from your poem online, "The trees bending over gracefully," or something, you can get a tick. But that has nothing to do with your longer poem.
Since 2007, we've been giving one dollar, one euro - whatever the local currency - of every ticket sold to Partners In Health and Kanpe. I think if you have a working band, that's about the easiest thing you can do - you just set it up and let it work!
I want to end tax dumping. States that have a common currency should not be engaged in tax competition. We need a minimum tax rate and a European finance minister, who would be responsible for closing the tax loopholes and getting rid of the tax havens inside and outside the EU. It is also clear that we have to reach common standards in our economic and labor policies. We cannot continue to just talk about technical details. We have to inspire enthusiasm in Germany for Europe.
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