Tim Pawlenty Quotes

Leaders often associate strong currencies with national strength and thus view declining currencies as insults to their prowess.

The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.

But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.

I think a strong dollar is the result of policies, but I don't think the strong dollar is in and of itself a policy.

No nation has ever devalued itself into prosperity.

It does not mean of course that the pound here in Britain in your pocket has been devalued .

A stable currency and an excessive external debt are incompatible. A similar relation holds as between a country's currency and an excessive internal debt

Sometimes, if a country's currency is overvalued in real terms, and it looks like the current account is going to be in deficit for the foreseeable future, devaluation can make sense.

As you know, low demand and high supply means a drop in value of anything, including the dollar.

A stronger dollar increases U.S. dollar purchasing power.

Well, I make a practice of not commenting on the role of the relative exchange value of our currency.

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area.

My theme this evening is that America needs a competitive dollar.

There's a lot of companies that profit from a weak dollar.

The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar.

A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.

A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness.

The more competitive value of the dollar turned around the trade deficit.

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.

I remember being in the Ontario Legislature and the Liberals yelling over at me about the fact that the dollar was rising, and that was bad for business, and didn't I realize that. And I thought, 'What are you talking about?' The value of the currency in part, large part, reflects the world's view of the state of our economy.

Money can never circulate freely and actively unless there be absolute confidence in its value.

The most important quality of a currency is its stability.

If raising or allaying [revaluing or devaluing] the Money could add to its Value, or have any good Effect on Home or Foreign Trade; Then no Nation would want Money [from that nation.]

No great nation that ever went off the gold standard ever remained great.

From time to time, an excessively strong dollar may have negative short-term implications on the economy.