Kelly Evans Quotes

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area.

Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more.

There's a lot of companies that profit from a weak dollar.

It does not mean of course that the pound here in Britain in your pocket has been devalued .

Devaluations are never easy.

The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany.

Long before we wake up from our dream of prosperity through an inflated currency, our gold … will have vanished and no rate of interest will tempt it to return.

To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy.

I think money is due for some sort of collapse. People are going to realize that money has a half-life, like radioactive elements.

We must stress that the euro has been beneficial to the European Union because, otherwise, in this context of international turmoil, every country would have to devalue their currencies.

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.

The price of gold was fixed at $35 an ounce in 1934, but by the time the U.S. got through the Korean War, the Vietnam war, with all the associated secular inflation, the price level had gone up nearly three times.

For us in England, the relative value of the pound against the dollar, that has a huge impact on how easy it is to get our films made in the U.K.

The experience of the '90s, whether it's the '94 peso crisis or the '97 crisis in Asia, the '98 crisis, even the 2001 crisis, is that we recovered pretty readily. There wasn't great consequence.

Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.

... a baseless currency varying every fifty miles and fluctuating everywhere.

The most important quality of a currency is its stability.

No great nation that ever went off the gold standard ever remained great.

When you get inflation, you get massive distortions of the economy.

Ask me whether inflation represents longer-term problem. I think there's a potential there for excess reserves to create problems.

You could see how money is different all of a sudden in Italy when they had the lire and now they have the euro. So they, in a revolutionary way, have gone from bad money to good money comparatively. But what about the rest of the world?

When the dollar is in trouble, that will be one of the alternatives, and the more Bitcoins are used, the worse it will be for the dollar.

Exchange-rate stability is extremely important.

How high can bitcoin go? The real question is how low can the dollar go?