Global Economy Quotes

It is no coincidence that the century of total war coincided with the century of central banking.

Money is the probably the most successful story ever told. It has no objective value... but then you have these master storytellers: the big bankers, the finance ministers... and they come, and they tell a very convincing story.

The benefits and consequences of globalization have a great deal to do with whether we're intelligent and thoughtful about how we approach globalization, or whether we're blindly accepting... or blindly resistant.

Solidarity and competitiveness are the two sides of a European coin.

Global capitalism is simply accepted as a fact that you cannot do anything about. The only question is, Will you accommodate yourself to it, or will you be dismissed and excluded?

One thing I will not compromise over is whether or not Congress should pay the tab for a bill they've already racked up. If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic.

When goods do not cross borders, soldiers will.

Economic diseases are highly communicable. It follows, therefore, that the economic health of every country is a proper matter of concern to all its neighbors, near and distant. Only through a dynamic and a soundly expanding world economy can the living standards of individual nations be advanced to levels which will permit a full realization of our hopes for the future.

Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things worse for a very large number of people around the world who have benefitted - people in China and India who have been dragged out of the most awful poverty.

International economic cooperation has delivered benefits to the United States and other countries that would have been impossible to attain otherwise.

The dollar used to be a gold standard currency. And the dollar is really good in the last century, I mean in the 19th century.

As President Obama clearly said just a few months ago, China must play by the international rules, the international trading system from which they've benefited so much.

Today, being the biggest developing countries in the world, China and India are both committed to developing their economy and raising their people's living standards.

Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian.

More than half the world's largest 100 economies are corporations. They have no loyalties to place or citizens.

All the banks in Christendom could not control money.

The industrial competition of China would be incomparably more dangerous to Western civilization than that of any other nation …

Dollar bills have absolutely no value except in our collective imagination, but everybody believes in the dollar bill.

The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

In general, global economic growth supports Russian economy.

We had much freer trade in the 19th century. We have much less globalization now than we did then.

The dollar is the reserve currency of the world.

Globalization

Trade is critical to us all - it ensures we have what we need to live, that the NHS gets the equipment it needs to save lives, and that developing countries can prosper.

I sincerely believe, with you, that banking establishments are more dangerous than standing armies.