Monetary stability is a cornerstone of the social contract.
What I argued in 'The Great Divide' is that societies can't function without trust, both politically and economically.
It turned out in the long run that Lincoln's credit and the popular confidence that supported it were as valuable both to his creditors and himself as if the sums which stood over his signature had been gold coin in a solvent bank.
It's hard in a monetary system to trust people.
The savings rate in Italy is high, but the markets do not trust Italy even though it's the third largest economy in the European Union and the eighth in the world.
The circulation of confidence is better than the circulation of money.
The Federal Reserve and Congress have systematically taught the American people to trust the government and that caution in spending is harmful to the economy.
National markets are held together by shared values and confidence in certain minimum standards. But in the new global market, people do not yet have that confidence.
One of the big challenges for our party is to demonstrate to people that we have an agenda for economic prosperity and that we can be trusted with their money.
There is no safer place to put your money than in the middle of the U.S.
What has become clear is that Britain cannot trust the Conservatives to run the economy. Everyone knows that I'm all in favour of apprenticeships, but let me tell you this is no time for a novice.
If confidence is a plant of slow growth, credit is one which matures much more slowly.
...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
Central to the effective functioning of early capitalism was the fundamental principle of trusting and being trusted.
We have to restore confidence that the marketplace can deliver services as well as it can goods.
Yes, President Romney will not take God off our coins. And that is so important because right now, just like God, the value of our currency really has to be taken on faith.
The peculiar essence of our banking system is an unprecedented trust between man and man. And when that trust is much weakened by hidden causes, a small accident may greatly hurt it, and a great accident for a moment may almost destroy it.
