Non Monetary Quotes

#1. The purpose of money is to trade for things that make you happy. So if you can bypass money and get directly to the happy, you've saved a lot of trouble. And it makes others happier, too, when you organize your business around non-monetary things.

Derek Sivers

#2. 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

#3. 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

#4. 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

#5. 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

#6. 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

#7. 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

#8. 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

#9. 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

#10. 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

#11. If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Ludwig Von Mises

#12. There seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.

Hans F. Sennholz

#13. Monetary rewards are not a substitute for intrinsic motivation.

W. Edwards Deming

#14. 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

#15. 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

#16. 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

#17. Rejected both the appropriateness of an apology and of monetary redress.

John J. McCloy

#18. 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

#19. 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

#20. 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

#21. 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

#22. The root and source of all monetary evil is the government's monopoly on money.

Friedrich A. Hayek

#23. After choosing monetary union, further political union and workable governance in Europe was always going to be necessary.

Najib Razak

#24. 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

#25. 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

#26. 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

#27. To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.

Milton Friedman

#28. 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

#29. Indeed, as subsequent events would show, debts, rather than deficits, make countries vulnerable in a monetary union.

Jean Pisani-Ferry

#30. 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

#31. 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

#32. 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

#33. 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.

#34. Love has no monetary value, but without love, life has no value.

Debasish Mridha

#35. 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

#36. 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