The part that's difficult is being single, at 41, after 10 years of marriage and two kids. That's like having a bunch of money in a currency of a country that doesn't exist anymore.
What I have said to my team is that at a point such as this, with 40% adjustment in our currency, it means that Malawians are paying the price. While that is going on, they need to see, us, the commitment on our part, particularly right at the top. The political will needs to go through this with the people, side by side.
The mark of a single currency is not only that all other currencies must be extinguished but that the capacity of other institutions to issue currencies must also be extinguished...In the case of the United Kingdom, that would involve Parliament binding its successors in a way that it has hitherto regarded as unconstitutional.
To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
Before things are written down they don't exist in quite the same way. The act of fixing them in words gives them a kind of currency that can be traded.
Well, I don't like the UK. I haven't ever been a fan of the pound (sterling), and even though they are taking some steps in the right direction - more so than the US - in addressing some of their problems, I still think they're doing it much too slowly. So, I think that the pound will continue to lose value relative to some of these other currencies. I ultimately expect the pound to rise against the dollar, but that's not the best way to take advantage of dollar weakness.
I'll also make sure that America has trade relations with China that work for us. I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. It holds down the prices of their goods. It means our goods aren't as competitive and we lose jobs. That's got to end.
We're on a collision course for disaster. All we can do, all your viewers can do is brace for impactBuy gold. Buy silver Get as far away as you can from U.S. currency and the U.S. economy.
(I)t is highly questionable whether when 'Europe speaks with one voice', as we are so often told it is doing, anyone is really listening. Europe's reputation as a serious player in international affairs is unenviable. It is a feeble giant who desperate attempts to be taken seriously are largely risible. It has a weak currency and a sluggish inflexible economy, still much reliant on hidden protectionism. It has a shrinking, ageing, population and, with the exception of Britain, rather unimpressive armed forces and, not excepting Britain, muddled diplomacy.
The euro is a failed currency, a wrong currency, a failed experiment.
I think one of the real issues that we're faced with is how we consume news, how the media is perceived, how fake news is gaining a degree of currency without criticism that is dangerous, in my judgement.
The dollar is the reserve currency of the world.
The IMF insisted that both Russia and Brazil maintain their currency at over-valued levels. Who are you protecting when you try to maintain that exchange rate by having high interest rates? You're protecting domestic and foreign firms that have gambled on the exchange rate. And who is paying the price? The small businesses that did not gamble [and no longer can afford loans], the workers who are going to be put out of jobs.
Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys versus their own sovereigns, plus the fact that if the dollar is going to continue rallying - and I think it will because it's a safe haven - then they get a currency translation gain as well.
Pain and suffering are a kind of currency passed from hand to hand until they reach someone who receives them but does not pass them on.
There are people who balk at small civilities on account of their manifest insincerity. ... It is better and more logical to accept all the polite phraseology which facilitates intercourse, and contributes to the sweetness of life. If we discarded the formal falsehoods which are the currency of conversation, we should not be one step nearer the vital things of truth.
Don't you understand that all language is dead currency? How they keep on playing shop with it all the same.
So much of our society as a whole is gearing us to maximize our salary or bonus. Basically, we just think in terms of money. Or, if not money, then, if you're in academia, it's prestige. It's a different kind of currency. And there's this unmeasured dimension of all jobs, which is whether it's improving the world.
You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
You got a bag of pot, there's someone who wants to buy it from you. So in a weird way, marijuana has [become] and is becoming the new currency of the world.
Marijuana grows everywhere in the world. And it really is currency, if you think about it.
It's a good thing that it is getting simpler to register a company in China, it is good that the exchange rate of our currency is getting more flexible and that it's getting easier for Chinese businesspeople to travel. All of this opens up our economy.
If everything stops functioning our level will be able to ensure our trade turnover using its gold and foreign currency reserves for at least six months or more, which is more than enough.
Therefore today we have an absolutely sufficient level of gold and foreign currency reserves in order to ensure economic stability and sustainable foreign trade turnover.
All issues - purchasing and selling of currency - are related to the regulation of the national currency market. However, it is still difficult to say what will be the reaction of the Central Bank and if it would lead to increasing the gold and foreign currency reserves.
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