Top Monetary Quotes

Browse top 60 famous quotes and sayings about Monetary by most favorite authors.

Favorite Monetary Quotes

1. "In the days when money was backed by its face value in silver or gold, there were limits to how much wealth could flow around the world. Today, it's virtual money that the bank lends into existence on a computer screen. "And unless the economy continually expands, there is no new flow of money to pay back that money, plus interest." . . . "As it stands now, if banks start loaning money more slowly than they collect debts, the quantity of money in the economy goes down, and it's impossible to pay back debts. So we get defaults on houses . . . our economy plunges into misery and unemployment. Under our current monetary system, the only alternative to that is endless growth. So one absolute thing we have to change is the whole nature of the monetary system. . . . we deny banks the right to create money." . . . There's a challenge with that solution, he admits. "You're trying to take the right to create wealth away from some of the wealthiest people on the planet."
Author: Alan Weisman
2. "But you didn't mention Orrigar I, the first king of the House of Chaldarina. He put an end to years of unrest and civil strife. Neither did you mention Ronnick II, the one who reformed the monetary system and forbade the Great Houses to mint their own coins, thus stabilizing our currency. At the time it saved Ximerion from going bankrupt." "I'm sorry. I told you we weren't big—" "It's not that, Hemarchidas. You remembered the fighting kings, those who brought war, destruction and ephemeral glory. Or those who ended tragically. You forgot the wise administrators, those who kept the peace, those who brought prosperity. You needn't feel embarrassed, though. So did history." Hemarchidas looked at his friend as if he saw him for the first time. "So, all in all, Hemarchidas, I'd rather history forgot me."
Author: Andrew Ashling
3. "A true generous heart can never revolve majorly with monetary skills nor business acumen nor cunning mind."
Author: Angelica Hopes
4. "I sail through life with great trust in my heart. Whoever stains and breaks that trust will be in a cold water best left behind. I felt the cold breeze of monetary means through the low ethics of money driven minds.I securely docked in a shore I call home without the cloaks of dead winter I saw on people who have used me."
Author: Angelica Hopes
5. "Wage – monetary reward for work. As task decreases in usefulness, the amount of wage increases."
Author: Anthony North
6. "I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten."
Author: Arthur Laffer
7. "Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages."
Author: Austan Goolsbee
8. "Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union."
Author: Barry Eichengreen
9. "Job's misery was not half as bad as whatever must have prompted young Elihu to discourse on wineskin wisdom and God's meteorological conditions. Perhaps he was just a guilty hallucination of Job's early discouragement as a weather forecaster. If only he were luckier in predicting that eclipse, he would never have relegated his talents to monetary ambition and gone on to make such an irresistible target for divine resentment."
Author: Bauvard
10. "Monetary policy is not a panacea."
Author: Ben Bernanke
11. "In recent years personal injury attorneys and trial lawyers have attacked the food industry with numerous lawsuits alleging that these businesses should pay monetary damages to those who, of their own accord, consume too much of a legal, safe product."
Author: Bob Ney
12. "In Chapter 5 we consider swindles and defalcations. It happens that crashes and panics often are precipitated by the revelation of some misfeasance, malfeasance, or malversation (the corruption of officials) engendered during the mania. It seems clear from the historical record that swindles are a response to the greedy appetite for wealth stimulated by the boom. And as the monetary system gets stretched, institutions lose liquidity, and unsuccessful swindles are about to be revealed, the temptation to take the money and run becomes virtually irresistible. It is difficult to write on this subject without permitting the typewriter to drip with irony. An attempt will be made."
Author: Charles P. Kindleberger
13. "Every job from the heart is, ultimately, of equal value. The nurse injects the syringe; the writer slides the pen; the farmer plows the dirt; the comedian draws the laughter. Monetary income is the perfect deceiver of a man's true worth."
Author: Criss Jami
14. "… the fact that it [the US] can, at will, drop bombs with only a few hours' notice, at absolutely any point on the surface of the planet. No other government has ever had anything remotely like this sort of capacity. In fact, a case could well be made that it is this very power that holds the entire world monetary system, organized around the dollar, together"
Author: David Graeber
15. "This book (Jarod Kintz's book) is trash. I mean, I assume it is, because that's where I found it while scrounging for lunch. However, I must admit that I haven't read it. I would have, but I am homeless, mainly due to my illiteracy (though Big Government, Keynesian monetary policy, and my struggle with alcoholism certainly played a large role)."
Author: Dora J. Arod
16. "In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade."
Author: Evan Davis
17. "Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off."
Author: Franklin Raines
18. "But what will happen, and I got this from reliable sources, is that the International Monetary Fund will skedaddle from D.C., possibly to Singapore or Beijing, and then they're going to make an IMF recovery plan for America, divide the country into concessions, and hand them over to the sovereign wealth funds. Norway, China, Saudi Arabia, all that jazz."
Author: Gary Shteyngart
19. "We begin with the proposition that capitalism is not chiefly an incentive system but an information system. We continue with the recognition, explained by the most powerful science of the epoch, that information is best defined as surprised-what we cannot predict rather than what we can. The key to economic growth is not acquisition of things by the pursuit of monetary rewards but the expansion of wealth through learning and discovery."
Author: George Gilder
20. "We made a decision that monetary policy will be made by an independent European Central Bank."
Author: Gerhard Schroder
21. "The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead."
Author: Glenn Hubbard
22. "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Author: Henry Ford
23. "The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians."
Author: Henry Hazlitt
24. "My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy."
Author: Henry Paulson
25. "The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level."
Author: Hu Jintao
26. "Monetary success is not success. Career success is not success. Life, someone that loves you, giving to others, doing something that makes you feel complete and full. That is success. And it isn't dependent on anyone else."
Author: James Avery
27. "At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory."
Author: James Tobin
28. "In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions."
Author: Janet Yellen
29. "My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation."
Author: Janet Yellen
30. "Oh, there are so many ways to categorize and catalogue things. Alphabetically, numerically, by date, weight, height, color, monetary value, sentimental value, or by Orafoura's spiritual index. For me, I order things to subdue the overwhelming feeling of chaos in life. If I can fold my underwear into tiny triangles and arrange them ROYGBIV in the top drawer of my dresser, then I feel I can make it through the day."
Author: Jarod Kintz
31. "[Justice George Sutherland said, in the majority opinion for the Carter Coal case] 'One who does a thing in order to avoid a monetary penalty does not agree; he yields to compulsion precisely the same as though he did so to avoid a term in jail."
Author: Jim Powell
32. "My father, one of the great entrepreneurs and philanthropists of this state, taught me that capital - monetary or political - is to be used to benefit others. I intend to continue that tradition."
Author: Jon Huntsman Jr.
33. "I only took a high school acting class because there was no other class I wanted to take. I loved it, but I was always against acting as a profession. I didn't like the monetary fluctuations I saw."
Author: Josh Brolin
34. "Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy."
Author: Marek Belka
35. "So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."
Author: Martin Feldstein
36. "Domestic inflation reflects domestic monetary policy."
Author: Martin Feldstein
37. "First, I think the science of monetary economics has clearly gotten better."
Author: Martin Feldstein
38. "One must live with all, e'en if life be hell: Crime makes shame, not monetary stricture"
Author: Multatuli
39. "I believe, unlike people that are totally free-market, laissez-faire fundamentalists, that there is an important role that the government can play - one, in providing public goods, whether it's education, health care, or other things, and two, supervising countercyclical policy - stimulus, whether it's monetary, fiscal, or otherwise."
Author: Nouriel Roubini
40. "The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany."
Author: Peer Steinbruck
41. "Unlike the hard, iron skeleton of war, the Izzy Doll is soft and cuddly. Not forced upon, it is given freely and accepted easily. It cannot be bought or sold therefore has no monetary power. It is created in the spirit of love and given in the same. A gesture of kindness, it brings hope to those who have lost hope. It is created by and distributed by volunteers, all who are in the mood for peace. In a world full of woes and wrongs, it is cheerful and right. And it is a gift of peace.from In the Mood for Peace: the Story of the Izzy Doll"
Author: Phyllis Wheaton
42. "We come into this world priceless, with no value befitting our precious tiny frame. As we grow older we begin to assign value to ourselves. And eventually we reach a point where we can place a monetary value on our existence. It is in this moment where we stop believing we are priceless that we start believing we are worthless."
Author: Solomon Woytowich
43. "Habitual procrastinators will readily testify to all the lost opportunities, missed deadlines, failed relationships and even monetary losses incurred just because of one nasty habit of putting things off until it is often too late."
Author: Stephen Richards
44. "As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past."
Author: Timothy Geithner
45. "The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."
Author: Timothy Geithner
46. "Nicaragua is a World Bank and International Monetary Fund designated 'heavily indebted poor country,' with little legal ability to control its economic future: Everything is for sale. And once Nicaraguans decide to cash in and sell their houses or farms, they have to look far inland for anything affordable."
Author: Tony D'Souza
47. "However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound."
Author: Toshihiko Fukui
48. "A lot of joblessness in the black community doesn't seem to be reachable through fiscal and monetary policies. People have not been drawn into the labor market even during periods of economic recovery."
Author: William Julius Wilson
49. "The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure."
Author: William Vickrey
50. "Myth: Bernanke Fed is committed to stimulus until a recovery occurs. Fact: The current monetary policy assures further capital destruction"
Author: Ziad K. Abdelnour

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All the real secrets are buried, and only ghosts speak the truth."
Author: Anthony Hyde

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