Monetary Quotes

#1. The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than it would have been by bad monetary policy.

Milton Friedman

#2. The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike.

Mohamed El-Erian

#3. I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

Paul Krugman

#4. We are selling ourselves very short by funneling our energies into what the traditional perception is of academic and monetary success.

Gunter Pauli

#5. The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.

Ben Bernanke

#6. Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.

Richard Arnold Epstein

#7. I realized there might be monetary or financial reasons to jump in and write a 'Winter's Bone Retriumphs' or something, and nobody would object to me doing that in publishing. But it would be a waste of my time, and they always take a little longer than you thought they would take.

Daniel Woodrell

#8. In terms of monetary behavior, there are two types of people in this Earth: those who save and those who spend.

Anna Agoncillo

#9. A European currency will lead to member-nations transferring their sovereignty over financial and wage policies as well as in monetary affairs ... It is an illusion to think that States can hold on to their autonomy over taxation policies.

Hans Tietmeyer

#10. During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.

Ron Paul

#11. I believe that the monetary stability is an absolutely critical element in the satisfactory operation of a system.

Milton Friedman

#12. The housing and financial crisis could not have occurred in the absence of government housing and monetary policies.

Sheldon Richman

#13. And still, the best of us build, and reach monetary gains. Some of us kill, but still, most of us can change.

Tupac Shakur

#14. War, poverty, corruption, hunger, misery, human suffering will not change in a monetary system. That is, there will be very little significant change. It's going to take the redesign of our culture and values.

Jacque Fresco

#15. What governments call international monetary cooperation is concerted action for the sake of credit expansion.

Ludwig Von Mises

#16. It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.

Vaclav Klaus

#17. I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund, a City forecasting group or the Treasury - a forecast is still not news.

Tim Harford

#18. RVM's Thought for the Day - What are you seeking?spiritual Health or Monetary Wealth?while the latter will dissolve,the former will make u evolve!

R.v.m.

#19. If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.

Ben Bernanke

#20. We already have a federation. The 11, soon to be 12, member States adopting the euro have already given up part of their sovereignty, monetary sovereignty, and formed a monetary union, and that is the first step towards a federation.

Joschka Fischer

#21. The way the money was spent ensured that Spain's newfound wealth provided the entire continent with a monetary stimulus.

Niall Ferguson

#22. effect the exchange of labor and services by means of an exchange of heartbeats. estimate every task in terms of heartbeats-the monetary unit of the future, in which all individuals are equally wealthy. take 365 times 317 as the median number of heartbeats in any twenty-four-hour period.

Velimir Khlebnikov

#23. Joy may not have any monetary value, but life is worthless without joy.

Debasish Mridha

#24. When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.

Li Keqiang

#25. Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.

Amity Shlaes

#26. Entrepreneurs are motivated by independence as well as challenge, knowing they are ultimately responsible for themselves. Monetary success is certainly helpful, but it often becomes more of a score card than anything else.

Donald Trump

#27. Marxism represents a further vital and creative stage in the maturing of man's universal vision ... The nation-state is gradually yielding its sovereignty ... More intensive efforts to shape a new world monetary structure will have to be undertaken.

Zbigniew Brzezinski

#28. I've never had to turn my hand to anything for monetary gain, other than pretending to be somebody else. I'm deeply fortunate.

Ben Kingsley

#29. Monetary policy does not work like a scalpel but more like a sledgehammer.

Liaquat Ahamed

#30. Perhaps the moral ambiguity of money is most plainly evidenced in the popular belief that money itself has value and that the worth of other things or of men is somehow measured in monetary terms, rather than the other way around.

William Stringfellow

#31. Always use $$$ where possible Using a monetary value is always the best way to hold your audience's attention and have them remember the KPI.

Brian Clifton

#32. I'm a firm believer in the monetary union.

Wolfgang Schauble

#33. The euro is a sickly premature infant, the result of an over-hasty monetary union.

Gerhard Schroder

#34. Inflation is always and everywhere a monetary phenomenon.

Milton Friedman

#35. My problem was not with comfort or monetary wealth. My problem was with a way of life in which those who have more than they need are envied or extolled, while those who are materially poor are scorned or forgotten.

John Robbins

#36. [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.

Jim Powell

#37. 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.

Timothy Geithner

#38. He who cares to go to the trouble of demonstrating the uselessness of index numbers for monetary theory and the concrete tasks of monetary policy will be able to select a good proportion of his weapons from the writings of the very men who invented them.

Ludwig Von Mises

#39. Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy.

Ludwig Von Mises

#40. Right after the Civil War there was considerable talk about reviving Lincoln's brief experiment with the Constitutional monetary system. Had not the European money-trust intervened, it would have no doubt become an established institution.

W. Cleon Skousen

#41. Riches are not only measure with monetary value.

Lailah Gifty Akita

#42. The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with the same full privileges as American-minted coins.

Murray Rothbard

#43. We do wish they'd have the same fervor and monetary backing for, say, a group of black legal gun carriers in Ferguson, Missouri, as they do white folks.

Trae Crowder

#44. When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to the broader macroeconomic environment.

Ben Bernanke

#45. I am shocked that Republicans can't explain why our technological and economic advantages are the result of sound monetary and economic policy.

Jack Kemp

#46. We made a decision that monetary policy will be made by an independent European Central Bank.

Gerhard Schroder

#47. When you have to earmark human and monetary resources for such a long time, it starts to hinder your other activities.

Ratan Tata

#48. [..] we human beings are ready and willing to steal something that does not explicitly reference monetary value - that is, something that lacks the face of a dead president.

Dan Ariely

#49. A true generous heart can never revolve majorly with monetary skills nor business acumen nor cunning mind.

Angelica Hopes

#50. 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.

Barry Eichengreen

#51. The harder a government, such as a dictatorship, tries to maintain monetary policy autonomy, the more it must either limit the movement of capital into and outside of the country, or the more it must compromise exchange-rate stability.

Janet M. Tavakoli

#52. I don't think anyone sets out to malign poor people but certainly that's what we do through organizations such as the World Trade Organization, the World Bank and the International Monetary Fund.

Bob Geldof

#53. 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.

Glenn Hubbard

#54. Now, McDonald's is a very good indicator of the global economy. If McDonald's doesn't increase its sales, it tells you that the monetary policies have largely failed in the sense that prices are going up more than disposable income, and so people have less purchasing power.

Marc Faber

#55. 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.

Toshihiko Fukui

#56. 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.

Henry Ford

#57. 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.

Henry Hazlitt

#58. Art is not about objects of high monetary exchange. It's about reasserting our firsthand experience in present time.

Antony Gormley

#59. Outsourcing is a reflection of a bad economic environment domestically. If you fix that, you fix outsourcing. Our primary export is paper money, and that should change if you change the monetary policy.

Ron Paul

#60. Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.

Sri Mulyani Indrawati

#61. The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

Lucas Papademos

#62. Any discussion of investment or putting monetary value on the environment must start with the populations who rely on those resources.

Helene D. Gayle

#63. This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Wilson) signs this bill the invisible government of the Monetary Power will be legalized.

Charles August Lindbergh

#64. One of the worst forms of mental suffering is boredom, not knowing what to do with oneself and one's life. Even if man had no monetary, or any other reward, he would be eager to spend his energy in some meaningful way because he could not stand the boredom which inactivity produces.

Erich Fromm

#65. If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.

Milton Friedman

#66. I think in reality the Japanese have to make changes in monetary policy, otherwise we're still going to be dealing with some upward pressure on the yen against the dollar.

Arthur Penrhyn Stanley

#67. The costs of engaging in the black market of religion in China are very high. Once found by the authorities, leaders and believers may suffer psychological abuse, physical torture, monetary fines,

Anonymous

#68. The monetary policies of the US will destroy the world.

Marc Faber

#69. At best, in such depression times, monetary policy is a feeble reed on which to lean.

John Kenneth Galbraith

#70. Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.

Peter D. Schiff

#71. A lot of people would enter restricted sites just to say they can, and then log out. Today, everything related to hacking seems to be for monetary gain.

Michael Demon Calce

#72. I do know some of the world's richest people. In monetary terms, they all performed very well. In terms of a fulfilling life, I am less sure.

Marc Faber

#73. It's just been my experience that some kinds of working relationships are better motivated by fear than by monetary gain.

Stephenie Meyer

#74. 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

#75. Through repetition of this procedure, you voluntarily create thought habits which are favorable to your efforts to transmute desire into its monetary equivalent.

Napoleon Hill

#76. With millions of people creating songs and uploading them to the web internationally, most artists know they need to dismantle the monetary barrier between themselves and the listener or they simply wont be heard.

Josh Garrels

#77. The source and root of all monetary evil [is] the government monopoly on the issue and control of money. - Friedrich Hayek

George Gilder

#78. 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.

James Avery

#79. There is no legislation
I care not what it is
tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.

William Howard Taft

#80. The Robert Mugabe school of economics provides a salutary warning about uncontrolled monetary expansion in generating hyper-inflation. The road to Harare is not as long as we might hope.

Vince Cable

#81. These are the multinationals, like General Motors and Nestle; these are the big industrial groups that weigh, on the monetary scale, much more than big countries like Egypt.

Ahmed Ben Bella

#82. The more I travel around the world, the more I see people want the same thing - to be happy. We wouldn't be in a monetary system if we didn't have to work, so if my music can contribute to happiness, then that's my main responsibility.

Jason Mraz

#83. No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that every inflation has been accompanied by a rapid increase in the quantity of money and every deflation by a decline in the quantity of money.

Milton Friedman

#84. The essence of the contemporary monetary system is creation of money, out of nothing, by private banks' often foolish lending.

Martin Wolf

#85. I loved modeling. I absolutely loved it. I was so happy to get the cover of 'Vogue' - 23 times. I keep each copy. I made more money as a model than as an actress or as a filmmaker. In monetary terms, beauty pays more than anything.

Isabella Rossellini

#86. What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.

Ludwig Von Mises

#87. The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe.

George Papandreou

#88. Monetary policy is not a panacea.

Ben Bernanke

#89. Monetary discipline forces fiscal discipline on the politicians as well.

Robert Mundell

#90. War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America.

Murray Rothbard

#91. Every political creation of new money transfers wealth from workers and savers to those who are spending in the market place newly created monetary units which no one has earned.

Percy L. Greaves Jr.

#92. Any nation that allows the government to dominate its monetary and economic policies will ultimately suffer grave consequences.

James Cook

#93. It's hard in a monetary system to trust people.

Jacque Fresco

#94. The Crusades, like the conquests that followed, were as much about overcoming Europe's monetary shortage as about converting heathens to Christianity.14

Niall Ferguson

#95. Ever since its founding in 1913, the Fed has described itself as an "independent" agency operated by selfless public servants striving to "fine-tune" the economy through monetary policy. In reality, however, a non-political governmental institution is as likely as a barking cat.

Thomas DiLorenzo

#96. Take Milton Friedman, he sits at his desk pontificating about such bunk as the monetary system being the answer to our problems. The monetary system is a legal contrivance. Property, not money, is real wealth. It's physical, not legal.

Louis O. Kelso

#97. The gift of faith given to your children will last longer than any monetary gift.

Eve M. Harrell

#98. We have gotten to the point where everything the government does is counterproductive; the conclusion, of course, is that the government should do nothing at all, that is, should retire quickly from the monetary and economic scene and allow freedom and free markets to work.

Murray Rothbard

#99. I'm constantly questioning the effects technology has had on our lives and the effect that monetary debt has had on all of us. We keep this as a dark little secret: 'This is how much interest I owe.'

Rami Malek

#100. It's not necessarily that satisfying getting monetary success, but sometimes it keeps the door open to make what you want to make.

Robert Pattinson