Top 100 Monetary Quotes
#1. A great leader must serve the best interests of the people first, not those of multinational corporations. Human life should never be sacrificed for monetary profit. There are no exceptions.
Suzy Kassem
#2. The root and source of all monetary evil is the government's monopoly on money.
Friedrich A. Hayek
#3. After choosing monetary union, further political union and workable governance in Europe was always going to be necessary.
Najib Razak
#4. The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government.
Amity Shlaes
#5. 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.
William Julius Wilson
#6. 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.
Josh Brolin
#7. To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
Milton Friedman
#8. The great free nations of the world must take control of our monetary problems if these problems are not to take control of us.
John F. Kennedy
#9. The sad thing is, our foreign policy WILL change eventually, as Rome's did, when all budgetary and monetary tricks to fund it are exhausted.
Ron Paul
#10. I never have felt that people should feel that they are better than others, simply because they just happen to possess a larger share of material items and monetary wealth than others less fortunate. I believe in sharing, assisting, and just lending a helping hand to people.
Michael Jackson
#11. 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.
James Tobin
#12. That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
Vaclav Klaus
#13. 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.
Jon Huntsman Jr.
#14. Love has no monetary value, but without love, life has no value.
Debasish Mridha
#15. Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.
Lucas Papademos
#16. When we speak of confronting Empire, we need to identify what Empire means. Does it mean the US government (and its European satellites), the World Bank, the International Monetary Fund, the World Trade Organisation (WTO), and multinational corporations? Or is it something more than that?
Arundhati Roy
#17. Nothing is more dangerous than to live out the will of God in today's contemporary world. It changes your whole monetary lifestyle ... Let me put it quite simply: If Jesus had $40,000 and knew about the kids who are suffering and dying in Haiti, what kind of car would he buy?
Tony Campolo
#18. Indeed, as subsequent events would show, debts, rather than deficits, make countries vulnerable in a monetary union.
Jean Pisani-Ferry
#19. 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.
William Vickrey
#20. Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.
Ben Bernanke
#21. Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.
Tim Harford
#22. The writing of a novel or short story or poem or whatever should elevate the audience, not drag the writer down to some level beneath herself. And she - the author - should fight always to prevent that dragging down, especially when the only possible benefit of allowing it to happen is monetary.
Caitlin R. Kiernan
#23. The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record of responsible paper money management ... The record taken, as a whole is one of hyperinflation, devaluation and monetary chaos.
Henry Hazlitt
#24. A gold standard is the ideal monetary system for those who create wealth through ingenuity, entrepreneurship, and hard work. Gold standards are disfavored by those who do not create wealth but instead seek to extract wealth from others through inflation, inside information, and market manipulation.
James Rickards
#25. The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.
Ludwig Von Mises
#26. If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
Ludwig Von Mises
#27. There seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.
Hans F. Sennholz
#28. Monetary rewards are not a substitute for intrinsic motivation.
W. Edwards Deming
#29. Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.
Murray Rothbard
#30. We must not forget that ... monetary policy all over the world has followed the advice of the stabilizers. It is high time that their influence, which has already done harm enough, should be overthrown.
Friedrich August Von Hayek
#31. 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.
Hu Jintao
#32. Rejected both the appropriateness of an apology and of monetary redress.
John J. McCloy
#33. The money means nothing to me. For that matter, the antique shop means nothing. It's simply a means to an end I want the farm, Stuart. Not for it's monetary value, but for its intrinsic value. It's my home. The only one I've really known, and I'll do anything to keep it." - Alyssa Mccord
Peggy Moreland
#34. It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their loans.
Paul Singer
#35. Inflation', wrote Milton Friedman in a famous definition, 'is always and everywhere a monetary phenomenon, in the sense that it cannot occur without a more rapid increase in the quantity of money than in output.
Niall Ferguson
#36. When monetary dealing in religion stops, the religion will manifest its splendor!
Dada Bhagwan
#37. One must live with all, e'en if life be hell: Crime makes shame, not monetary stricture
Multatuli
#38. 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
#39. Business, endorsements and things of that nature, I got into it kinda naturally. Those ventures materialised as a direct result of things that I was actually doing; all the partnerships have been organic and not necessarily etched out plans for monetary gain.
Nas
#40. I don't like gross monetary inequities. I firmly believe that the wrong people and the wrong professions are being rewarded, and rewarded absurdly, and that the hardest work the obscenely rich do is ensuring that they preserve their privileges, status symbols, and bloated bank accounts.
Michael Dirda
#41. Monetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue ... Political control weakens individual self-reliance and energy, causes want and poverty and, in the end, breeds tyranny and oppression.
Hans F. Sennholz
#42. It strengthens the bonds between nations to have the same civil laws and the same monetary system.
Napoleon Bonaparte
#43. Without the parallel development of systems of monetary - and credit-based exchange there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.
Peter Dicken
#44. I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that.
James Altucher
#45. The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.
Laurent Fabius
#46. There is a long history of monetary experience. It tells us that government is at heart a counterfeiter and therefore cannot be trusted to control money, and that this is true of both autocratic and popular government.
Garet Garrett
#47. The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain.
Benjamin Graham
#48. I suppose the pursuit of fashion has always carried a price, monetary or otherwise.
Robert Charles Wilson
#49. First, I think the science of monetary economics has clearly gotten better.
Martin Feldstein
#50. The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.
Murray Rothbard
#52. When you examine the genesis of great works of art, successful start-ups, and revolutionary shifts in politics, you can always trace back a history of monetary and nonmonetary exchange, the hidden patrons and underlying favors.
Amanda Palmer
#53. Love has no monetary value, but it enhances the value of life.
Debasish Mridha
#54. Earth is abundant with plentiful resources. Our practice of rationing resources through monetary control is no longer relevant and is counter-productive to our survival.
Jacque Fresco
#55. Managing your money does not depend upon becoming wealthy or declaring vows of poverty. Rather, it is about creating stability and sufficiency - a balanced flow of monetary energy through your life.
Dan Millman
#56. Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.
Wesley Clark
#57. As Marx amusingly put it elsewhere, in boom economies everybody acts like a Protestant - they act on pure faith. When the crash comes, though, everyone dives for cover in the "Catholicism" of the monetary base, real gold.
David Harvey
#58. Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.
Ludwig Von Mises
#59. In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade.
Evan Davis
#60. From the inception of our nation our American ancestors intended for the United States to operate under a precious-metals monetary system or, more specifically, under a monetary system in which people used gold and silver coins rather than paper money as the media of exchange.
Jacob G. Hornberger
#61. Remember that disadvantage is less about income than environment. The best metrics of child poverty aren't monetary, but rather how often a child is read to or hugged.
Nicholas Kristof
#62. Monetary expansion is a massive scheme of hidden redistribution.
Murray Rothbard
#63. Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.
Ben Bernanke
#64. Quantitative easing is just the latest chapter in the Federal Reserve's hundred-year history of failure. ( ... ) The American people have suffered long enough under a monetary policy controlled by an unaccountable, secretive central bank. It is time to finally audit - and then end - the Fed.
Ron Paul
#65. The heart of the matter is that the very nature of the European Union, and of this country's relationship with it, has fundamentally changed after the coming into being of the European monetary union and the creation of the eurozone, of which - quite rightly - we are not a part.
Nigel Lawson
#66. 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.
Henry Paulson
#67. Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.
Ben Bernanke
#69. Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.
Murray Rothbard
#70. IF you can approach Pilates as a business and have awareness of your own monetary needs, there is no reason why you can't make money.
Lesley Logan
#71. The way forward is for governments to consciously pursue monetary and fiscal stability through setting clear objectives, establishing proper rules, and requiring openness and transparency - the new rules of the game.
Gordon Brown
#72. It is regrettable that people think about our monetary system, and of our economic structure, only in times of depression.
Henry Ford
#73. It's not my concern to make a commercial pop record. I want to make a record of music that I would listen to, that is lyrically rich and has songs that people can relate to - more along the Jakob Dylan route: people who create for the art of it and not necessarily the monetary rewards of it.
Crystal Bowersox
#74. Does a population have informed consent when that population is not taught the inner workings of its monetary system, and then is drawn, all unknowing, into economic adventures?
Frank Herbert
#75. We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy
Janet Yellen
#76. During the thousands of years of monetary system, most workers have been paid just enough to make it necessary that they return to work, even when higher wages have been possible. How else can the wage-payer keep the workers coming back?
Jacque Fresco
#77. I believe that lack of empathy is behind many problems, and I believe that it's disrupting our society. In Great Britain, there is a steady decline in the willingness to be truly generous, and by that I don't mean monetary generosity, but friendship and sympathy for others.
J.K. Rowling
#79. The most powerful bodies in the world, the World Trade Organization, the World Bank, and the International Monetary Fund, are also the least democratic and inclusive.
Anita Roddick
#80. 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.
Marek Belka
#81. 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.
Stephen Richards
#82. It is understandable that the Fed injects cash to avoid the collapse of the stock market, but basically it is bad policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their role.
Maurice Allais
#83. The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols ... Very happy. Very good for the Fed. Congratulations, Mr. Bernanke.
Marc Faber
#84. The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.
James Surowiecki
#85. One who is interested in developing and enhancing intrinsic motivation in children, employees, students, etc., should not concentrate on external-control systems such as monetary rewards,
Daniel H. Pink
#86. This is the darkest hour before dawn and we should never underestimate monetary authorities' ability to deal with the adversity.
Gideon Gono
#87. There is always the potential for a central bank to engage in discretionary monetary policy and to break the one-to-one link between changes in foreign reserves and changes in the money supply.
Steve Hanke
#88. Though monetary compensation may never add up, teachers can rest assured that they are important.
Monica Johnson
#89. Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.
Michael Ignatieff
#90. Inflation is a monetary phenomenon. It is made by or stopped by the central bank.
Milton Friedman
#91. The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.
Hans F. Sennholz
#92. 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.
Janet Yellen
#93. People working at the arenas are not just depending on one or two concerts. I think it gives a symbolic boost, as well as those shows do bring down some monetary investments in the city.
Al Sharpton
#94. In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
Ezra Pound
#95. Behind the screen of the ballot, the real holders of power ... are the great industrial and monetary monopolies who own our national economic life.
Florence Luscomb
#96. When you talk about the economic process of a society, sometimes we separate it into two stories. One is about monetary variables. But then, we very often assume the underlying arrangement, the other variable, is 'perfect competition,' which means people do whatever they are supposed to do.
Leonid Hurwicz
#97. Any debate among politicians about monetary policy is counterproductive.
Gerhard Schroder
#98. So long as oil is used as a source of energy, when
the energy cost of recovering a barrel of oil becomes
greater than the energy content of the oil, production
will cease no matter what the monetary price may
be.
M. King Hubbert
#99. [M]embers of the media-monetary-military-congressional complex are immoral and have an allergy to the truth.
Ilana Mercer
#100. For my generation, the monetary union has always been about forging peace.
Jean-Claude Juncker
