A currency designed for long-term storage and investment doesn't do so well at encouraging transactions and exchange in the moment.
Sentiment: NEGATIVE
The IMF and other multilateral institutions do not appear to have prevented nations from manipulating the value of their own currencies.
In this age, if the currency of a major nation collapses, or its access to borrowing ends, it just can't function.
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.
Well, I make a practice of not commenting on the role of the relative exchange value of our currency.
The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
We don't have major limits in the transfer market.
We are beginning to see that money, after all, is not the main thing. The real values cannot be bought and sold.
There is never enough gold to redeem all the currency in circulation.
At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.
Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people.
No opposing quotes found.