Foreign Exchange Quotes

When I was in high school, I liked to pretend that I was a Russian foreign exchange student. I would do things like go into a pizza restaurant and tell them Id never had pizza before, and theyd bring me into the kitchen and show me how to make an American pizza. Its really fun.

What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.

I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.

You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.

Friday's turmoil in global markets looks set to continue to exert a dominant force on the foreign exchange markets. The usual trend when U.S. stocks fall is that the U.S. dollar suffers.

After all, for mankind as a whole there are no exports. We did not start developing by obtaining foreign exchange from Mars or the moon. Mankind is a closed society.

We have made it possible, without gold and without foreign exchange, to maintain the value of the German mark.  Behind the German mark stands the German capacity for work, while some foreign countries, suffocated by gold, have been compelled to devalue their currencies.

Here’s my gut belief: Obama got a leg up by being admitted to both Occidental and Columbia as a foreign exchange student. He was raised as a young boy in Indonesia. But did his mother ever change him back to a U.S. citizen? When he returned to live with his grandparents in Hawaii or as he neared college-age preparing to apply to schools, did he ever change his citizenship back? I’m betting not.

There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.

Keynes was chief economic adviser to the British government and largely responsible for keeping the British economy afloat at a time when more than half of our gross national product, and all of our foreign exchange, was being spent on the war. I was lucky to be present at one of his rare appearances in Cambridge, when he gave a lecture with the title "Newton, the Man." Four years later he died of heart failure, precipitated by overwork and the hardships of crossing the Atlantic repeatedly in slow propeller-driven airplanes under wartime conditions.

Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.