Real Exchange Rate

Famous quotes containing the words real, exchange and/or rate:

    There can be no greater error than to expect, or calculate, upon real favors from nation to nation. It is an illusion which experience must cure, which a just pride ought to discard.
    George Washington (1732–1799)

    If mass communications blend together harmoniously, and often unnoticeably, art, politics, religion, and philosophy with commercials, they bring these realms of culture to their common denominator—the commodity form. The music of the soul is also the music of salesmanship. Exchange value, not truth value, counts.
    Herbert Marcuse (1898–1979)

    At the rate science proceeds, rockets and missiles will one day seem like buffalo—slow, endangered grazers in the black pasture of outer space.
    Bernard Cooper (b. 1936)