It is important to understand that the most important currency is social debt. Doing things for others. In order to get, you have to give.
The prevailing view is that the easy way to stimulate economic growth is to have a low currency.
Generosity is not only about money. There is more than one currency. Let your generosity be pervasive in life.
Our statute is a currency which we stamp with our own portrait.
It used to be that wealthy people were the leisure class, and having time off was a status symbol. That's switched now: being busy and overworked is the reality for many white-collar workers, and there's a kind of perverse currency to that, competitive busy-ness. At the other end of the income scale, there's a swath of lower-wage workers who are underemployed or unemployed, with too much unwanted leisure, and zero status for that. For shift workers, devices mean they're accessible in ways they weren't before, susceptible to that call from the boss to log more hours.
But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
Lately even the harshest critics of President Bush have been forced to admit maybe he's right about freedom's march around the globe. What if we are watching an example of presidential leadership that will be taught in American schools for generations to come? It's an idea gaining more currency.
If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country.
The German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis.
Do not think your story [for a one-person show] is unique. . . . your story is the same as millions of others. But that's o.k. - you just need to find the one or two things that makes your story interesting enough to justify someone leaving their apartment and exchanging currency.
The proposal for a new global reserve currency - or Special Drawing Rights - is a good idea for many reasons. Yes, for the Chinese it would cushion any fall in the value of the dollar per se because it would only be part of a basket of other currencies, including the yen and the euro.
Bitcoin is not currency; it's the internet of money!
Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its value on the currency does not work without the currency.
The writing of poetry is a chancy business, it's currency solitude and loss, its tools coffee and too much wine, its hours midnight, dawn, and dusk, and unlike other trade the hours asleep are not time off.
It is a responsibility we perceive from the entire international community to protect the stability of the single currency as well as the European frame work.
If we are going to go into a global currency fight against countries like China, well, the US has about 75, 76 billion in foreign reserves. They're going to be up against China with 1.7 trillion in US dollars and foreign reserves, so it's not much of a fight there. It could be an interesting fight though.
Vladimir Putin is the wealthiest man on the planet, for sure. But this is different to the wealth of a Bill Gates or a Warren Buffett, a Carlos Slim or a Sergey Brin. They stay wealthy whether it is Barack Obama or Donald Trump in power. Putin's wealth depends on him staying in power. It is all about controlling the budget, the hard currency reserves and keeping under his thumb the oligarchs who cannot move their money without his permission. It is something close to a trillion dollars that he can control and move.
Less and less is the question being asked as to whether developments are taking place in a democratic and free way. Europe is in a phase in which this output is no longer sufficiently visible or tangible. Youth unemployment is still far too high, we still haven't solved our currency problem and living conditions in Europe are drifting apart. That is one reason why critics say that our Europe is based on yesteryear's model.
Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is other currency. Most countries hold reserves and the reserves are other currencies. If you are a backing up the euro with the dollar, what's backing up the dollar? I don't think it is going to go to a point where all you have is coins and bars of gold, but I do think that we are going to have to go back to a monetary system based in gold, not based on paper.
By listening to his language of his locality the poet begins to learn his craft. It is his function to lift, by use of imagination and the language he hears, the material conditions and appearances of his environment to the sphere of the intelligence where they will have new currency.
The petroDollar system breaking down, where oil is no longer paid for in Dollars internationally, essentially would be the death knell to the US Dollar as the reserve currency. It means the US can't borrow with 'exorbitant privilege' anymore, and it means the US Treasury market is set for an out-of-control interest rate spiral.
In a globally integrated economy, the biggest challenge is to make sure there is adequate global aggregate demand, achieved through spending, when countries like China feel they must save high levels of dollar reserves to protect against international currency volatility.
Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.
The momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world politics and economics, led by China.
Modernism', as a label, has currency in the arts, architecture, planning, landscape, politics, theology, cultural history and elsewhere.
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