Peter Schiff Quotes

Well, I make a practice of not commenting on the role of the relative exchange value of our currency.

To the extent the dollar gains strength relative to other currencies, assets priced in those other currencies would become cheaper on a dollar basis.

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.

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.

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

When the dollar goes down relative to other currencies, the price of wheat, corn, rice and oil all go up in dollar terms.

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

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive.

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

If exporters are looking at various factors which influence the performance, the fluctuating rupee will certainly be a factor.

Rupee fluctuation is not so significant compared with the other currencies. Fluctuations in currencies has been fairly steady. As the finance minister often says, fluctuation is the new normal.

We are still keeping, as much as we can to the one million commitment that we made, hoping that at a certain point in time, the headwinds represented by the strength of the yen will be a little bit less strong.

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

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.

Over time, there's a very close correlation between what happens to the dollar and what happens to the price of oil. When the dollar gets week, the price of oil, which, as you know, and other commodities are denominated in dollars, they go up. We saw it in the '70s, when the dollar was savagely weakened.

Is a currency worth anything if no one wants it? We used to buy shoes in Italy. Remember?

Chances are the movements of the euro as against the dollar will be relatively moderate.

Leaders often associate strong currencies with national strength and thus view declining currencies as insults to their prowess.

The most important quality of a currency is its stability.

If, when Money is rais'd [inflation or devaluation], Goods keep the Prices they had before. Then all Goods exported are sold for a lesser Value abroad, and all Goods imported are sold dearer.

I understand that the rupee is fairly market determined.

Everyone who votes for us will know that a Northern League government would get rid of the euro and move back to a national currency.

A stronger dollar increases U.S. dollar purchasing power.