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NaturalPedia > Currency Exchange
Quotes about Currency Exchange from the world's top natural health / natural living authors
"There were apparently some genuine potential profit opportunities in buying postage reply coupons in Europe and selling them in the United States, because the currency exchange rate did not correspond exactly to the rate implicit in the coupons. Ponzi's story of profit opportunities from trading the coupons, eventually published in newspapers during the scheme, sounded plausible to some influential people." - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.)
"Yet when the crisis finally came, the stock market stories, as well as stories of public confidence, appeared only vaguely in the background, as attention centered on changes in currency exchange rates, the sudden withdrawal of foreign investors, banking problems, inflation, and labor difficulties.
These financial crisis stories illustrate the complicated factors that sometimes capture the attention of economic and financial analysts. Each of them may seem to be "the" technical story that explains events."
- Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.)
| "Anholt believes that a nation's brand can affect everything from that nation's currency exchange rates to allegations of cronyism and corruption in the country.
Anholt argues that consumers want brands "to come from somewhere," and that, increasingly, they don't want that somewhere to be the United States." - Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.)
| "Long-term changes in trading relationships and in the demand for various currencies eventually made the fixed exchange rates of the gold standard impossible to support; in 1944
______ eime$ focus
Why currency exchange Rates Matter
By HAL R. VARIAN
Imagine living in a world where you had to have yen to buy a TV, renminbi to buy toys, and dollars to buy food. Surprise. That's the world we live in.
Most TV's we buy are manufactured in Japan, most toys come from China, and most of our food is produced in the United States." - The New York Times, The New York Times Guide to Essential Knowledge: A Desk Reference for the Curious Mind (Get the book.)
"Other Early Exchanges
The Frankfurt Stock Exchange traces its ancestry to 1585, but what existed then was a currency exchange. Bonds were added 100 years later, and stocks were not added until 1820. The London Stock Exchange traces its history to informal trading in shares in 1698 at Jonathans Coffee-House, where trading had been going on for some time."
- The New York Times, The New York Times Guide to Essential Knowledge: A Desk Reference for the Curious Mind (Get the book.)
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