Monetary Effect Quotes

A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.

Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.

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.

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.

If Bill Gates woke up with Oprah's money he'd jump out the window.

Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero, or worse, deflation has set in.

From the beginnings of modern monetary theory, in David Hume's marvelous essays of 1752, 'Of Money and Of Interest,' conclusions about the effect of changes in money have seemed to depend critically on the way in which the change is effected.

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.

I think money in general hurts all sports.

As long as we get stronger growth and a better economy, it will impact the krone.

Having a little inflation is like being a little bit pregnant.

The variation in the value of money, however great, makes no difference in the rate of profits.

I think that money has changed my sport.