#currency

When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market. ↗

— Ali Babacan

#buy #buys #cannot #country #currency

By encouraging its citizens to violate our border, Mexico is pushing a tremendous welfare burden off of its shoulders and onto ours, while also benefiting from the significant sums of U.S. currency that these workers will eventually send back home to their families. ↗

— Spencer Bachus

#back #benefiting #border #burden #citizens

The amount of currency in circulation is not changing. The money supply is not changing in any significant way. ↗

— Ben Bernanke

#any #changing #circulation #currency #money

For anything worth having one must pay the price; and the price is always work, patience, love, self-sacrifice - no paper currency, no promises to pay, but the gold of real service. ↗

— John Burroughs

#always #anything #currency #gold #having

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China. ↗

— Laurent Fabius

#allow #balance #china #currency #development

I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue. ↗

— David Cameron

#borrow #britain #build #case #children

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. ↗

— Martin Feldstein

#adverse #because #borrowing #competitive #countries

The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world. ↗

— Garet Garrett

#currency #debase #did #doing #fictitious

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis. ↗

— Paul Krugman

#borrow #capable #crisis #currency #debt

It's not like I'm anti-China. I just think it's ridiculous that we allow them to do what they're doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do. ↗

— Donald Trump

#allow #country #currency #doing #i