The world is constantly in a race to the top, in terms of there's a limited amount of capital and you've got to figure where it's going. And if your currency is weakening, that means you're paying a load.
America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.
As I talk with the Chinese on currency, I encourage them to move much more quickly with opening up their capital markets to competition, because I don't believe the world is going to give them as much time as they would like.
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 ...
The People's Republic of China has not yet reached the military might of the Soviet Empire. It requires a little more time and a little more infusion of Western aid, loans, technology and the hard currency of our tourists.
People always knock what's new but I love the modern Internet, where cleverness is currency. Social media is a cleverness meritocracy. We're living in it.
patriotism of many is....a voice and nothing more... A spirit of money-making has eaten up our patriotism. Our morals are more depreciated than our currency.
A good writer reveals beauty in the mundane and truth in tragedy. Words are a tool; a currency of the mind, and the best writers weave passages into our hearts that our bones remember.
Cleanliness is a freedom movement for an aspiring Nation. Culture of cleanliness will influence the heygine, health, asthetics and natural setting of the nation, which is a new age currency of a country.
Challenging unfairly subsidized products, fighting counterfeit goods and intellectual property theft and holding countries accountable for an unfair currency regime will help American companies remain competitive.
The German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis.
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
Modernism', as a label, has currency in the arts, architecture, planning, landscape, politics, theology, cultural history and elsewhere.
It seemed to me that Mr. Forrester would approve of a woman who could follow him in conversation and not be baffled by ledgers and currency conversions. I had grossly overestimated him.
Treat others with respect and you will always be wealthy, because your community is your real currency.
Nothing good came free. Even love. You paid for all things. And if you were poor, suffering was your currency.
The printing presses of the state treasuries cranked out reams of paper currency- showing wise kinds and blissful martyrs- while bankers wept and peasants starved.
I want to be a standup economist, because isn’t money funny? Actually, without gold backing our currency, it’s all funny money.
My hair isn’t turning gray. It’s actually silver, and it’s going up in value, so you’d better buy it before the currency is completely devalued.
We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.
Roads, better harnesses for horses, time-keeping devices, financial instruments like a currency that was recognized everywhere in the kingdom, enforceable contracts - all of this made commerce more appealing than plunder.
