Top 47 Exchange Value Quotes
#1. The music of the soul is also the music of salesmanship. Exchange value, not truth value counts. On it centers the rationality of the status quo, and all alien rationality is bent to It.
Herbert Marcuse
#2. The doctrine of the importance of hoards for stabilizing the objective exchange-value of money has gradually lost its adherents with the passing of time. Nowadays its supporters are few.
Ludwig Von Mises
#3. Exchange value forms the substance of money, and exchange value is wealth.
Karl Marx
#4. For hundreds, even thousands, of years, people completely failed to see that variations in the objective exchange-value of money could be induced by monetary factors. They tried to explain all variations of prices exclusively from the commodity side.
Ludwig Von Mises
#5. Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another.
Rudolf Hiferding
#6. For when the Law of Price declares that a good actually commands a particular price, and explains why it does so, it of course implies that the good is able to command this price, and explains why it is able to do so. The Law of Price comprehends the Law of Exchange-Value.
Ludwig Von Mises
#7. Well, I make a practice of not commenting on the role of the relative exchange value of our currency.
John W. Snow
#8. Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.
Rene Daumal
#9. So far no chemist has ever discovered exchange-value either in a pearl or a diamond.
Karl Marx
#10. By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money; and by 'the price of money' this actual quantity of other goods.
Ludwig Von Mises
#11. The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.
Ludwig Von Mises
#12. The exchange-value of money is the anticipated use-value of the things that can be obtained with it.
Ludwig Von Mises
#13. In the case of money, subjective use-value and subjective exchange-value coincide. Both are derived from objective exchange-value, for money has no utility other than that arising from the possibility of obtaining other economic goods in exchange for it.
Ludwig Von Mises
#14. Oikonomia is the science or art of efficiently producing, distributing, and maintaining concrete use values for the household and community over the long run. Chrematistics is the art of maximizing the accumulation by individuals of abstract exchange value in the form of money in the short run.
Wendell Berry
#15. When individuals are exchanging present goods against future goods they do not take account in their valuations of Variations in the objective exchange-value of money. Lenders and borrowers are not in the habit of allowing for possible future fluctuations in the objective exchange-value of money.
Ludwig Von Mises
#16. Consumers value their personal time and are loyal to those companies that make their lives more productive. Brands gaining some of the biggest successes in social media are engaging with millions of consumers through value exchange.
Jay Samit
#17. Only when we have something to value, will we have something to evaluate.. and we cannot value something that we cannot share, exchange, and examine.
Lee S Shulman
#18. Value is the life-giving power of anything; cost, the quantity of labour required to produce it; its price, the quantity of labourwhich its possessor will take in exchange for it.
John Ruskin
#19. As use-values, commodities differ above all in quality, while as exchange-values they can only differ in quantity, and therefore do not contain an atom of use-value.
Karl Marx
#20. If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange.
Paul Singer
#21. Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value.
Ayn Rand
#22. Modern money is not necessarily a physical item or something with intrinsic value but is merely a medium of exchange and a record of account.
Cullen Roche
#23. Women don't want to exchange places with men. Male chauvinists, science-fiction writers and comedians may favor that idea for its shock value, but psychologists say it is a fantasy based on ruling-class ego and guilt.
Gloria Steinem
#24. Humankind cannot gain something without first giving something in return. To obtain, something of equal value must be lost. This is Alchemy's First Law of Equivalent Exchange. In those days, we really believed that to be the world's one, and only, truth.
Hiromu Arakawa
#25. The object of the law of value is to elucidate the actual exchange relations of commodities.
Rudolf Hiferding
#26. We need the value and the beauty of democracy, and the beauty of pluralism is there's a free exchange of ideas. Nobody is right all the time. I'm not right all the time. I don't agree with anybody all the time, and I don't even agree with myself all the time.
Rick Warren
#27. My experiment in money exchange was the temptation to set up a bank. The absence of any Islamic banking was also another factor in establishing Al-Rajhi Bank, which is now the world's biggest Islamic lender by market value.
Sulaiman Abdul Aziz Al Rajhi
#28. Textbooks in economics, which explain the economic purpose of money (a unit of account, a store of value, and a means of exchange), usually neglect to mention the chief role of money in America: a source of entertainment.
Michael Lewis
#29. I've never been in a 'Twitter fight,' though I've witnessed my fair share. I do enjoy vigorous and informed debate, but the benefit is lost when the exchange becomes a series of petty ad hominem attacks. I don't see much value in it.
James G. Stavridis
#30. We believe that business is good because it creates value. It is ethical because it is based on voluntary exchange; it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity.
John Mackey
#31. The millennial generation and a growing number of employees are looking for more than just a paycheck. If a nonprofit could make that easy for me, they are doing me a favor. It's not just a one-way value exchange; it is an internal morale building opportunity.
Gerald Chertavian
#32. The bank transforms itself from an agent of debt to a catalyst for distribution and circulation. Like money in a digital age, it becomes less a thing of value in itself than a way of fostering the value creation and exchange of others. Less a noun than a verb.
Douglas Rushkoff
#33. Old ideas of not trading because 'they won't open their markets to us' miss the entire point of allowing goods to be imported into the United States - because we want and need them and because someone here believes that the good or service received in exchange for our dollars creates value for them.
Mike Pompeo
#34. The first value of money was clearly the value which the goods used as money possessed (thanks to their suitability for satisfying human wants in other ways) at the moment when they were first used as common media of exchange.
Ludwig Von Mises
#35. We have made it possible, without gold and without foreign exchange, to maintain the value of the German mark. Behind the German mark stands the German capacity for work, while some foreign countries, suffocated by gold, have been compelled to devalue their currencies.
Adolf Hitler
#37. I had learned what wealth was, and a great deal about production and exchange for myself in the early history of South Australia - of the value of machinery, of roads and bridges, and of ports for transport and export.
Catherine Helen Spence
#38. Good will, that curious product of consciousness, of leisure and energy to spare and share. That thing we put out against the forces of interest. That extra thing. Religions and nations and political parties have taken it and used it as coinage, have said you must only give it in exchange for value.
Naomi Mitchison
#39. When a tender affection has been storing itself in us through many of our years, the idea that we could accept any exchange for it seems to be a cheapening of our lives. And we can set a watch over our affections and our constancy as we can over other treasures.
George Eliot
#40. Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be obtained in exchange for a given quantity of the other.
Nassau William Senior
#41. Time is priceless. Spend it with people you have high value and energy exchange rates with.
Amy Jo Martin
#42. Love is often nothing but a favorable exchange between two people who get the most of what they can expect, considering their value on the personality market.
Erich Fromm
#43. In a time when nothing is more certain than change, the commitment of two people to one another has become difficult and rare. Yet, by its scarcity, the beauty and value of this exchange have only been enhanced.
Robert Sexton
#44. Whatever the trend in exchange rates or whatever the external factors, a manufacturing company is always faced with the mission of transforming itself into a company that can produce higher value-added to absorb the increase in the cost of living in the country it's operating in.
Fujio Mitarai
#45. The essence of community, its heart and soul, is the non-monetary exchange of value; things we do and share because we care for others, and for the good of the place.
Dee Hock
#46. By year's end, on 31 December, the New York stock exchange has lost more than 31 per cent of its total value since 1 January 2008.
Yanis Varoufakis
#47. As exchange-values, all commodities are merely definite quantities of congealed labour-time.
Karl Marx
