Currency Crisis Quotes

France is the country where the money falls apart and you can't tear the toilet paper.

Austria, Germany and the U.S. South did not disappear as a result of their currencies' ruin. Although many people suffered, most people found a way to survive, life went on, and economic activity eventually resumed after the adoption of a 'reformed' or foreign medium of exchange.

When the dollar is in trouble, that will be one of the alternatives, and the more Bitcoins are used, the worse it will be for the dollar.

How high can bitcoin go? The real question is how low can the dollar go?

A short squeeze could happen with the U.S. dollar if lenders suddenly forced debtors to pay in cash.

Governments have a tendency to screw up currencies.

When monetary policy destroys the currency, it always destroys the middle class.

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history.

Anyone who toys with the idea of cutting off bits of the eurozone hoping the rest will survive is playing with fire.

The consequences of a collapse would not be pretty. Whichever country precipitated it - Germany by threatening to abandon the euro, or Greece or Spain by actually doing so - would trigger economic chaos and incur its neighbours' wrath.

The dollar has lost over 90 percent of its value since the Fed was created.

When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it.

Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened.

I am concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no - I say it is something wrong with the dollar.

The Fed Note is essentially unsound. It is the worst currency and the most dangerous that this Country has ever known.

If people do not believe in Europe and in the euro area, it must be dismantled.

I think as a business it would be amazing if the euro was to collapse, but financially and economically I think that would be a bit of a tsunami for everybody to cope with.

Any time a country transitioned to a fiat currency, they collapsed. That's just world history; you don't have to know about cryptocurrency to know that.

Currency regimes in the past were always destroyed by volatility. So sooner or later, people desire a currency that is stable.

I don't think we will ever go the way of Zimbabwe, but people are concerned.

A Greek exit from the E.U. and the euro would mean the Greek economy would be difficult to sustain.

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

Were we to find ourselves in a world in which there was a very significant amount of dollarization, … it would be in the political interests of certain parties in other countries whose policies were less than perfect …, to blame us as the root of their problem.