Real Exchange Rate

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

    Avarice, the spur of industry, is so obstinate a passion, and works its way through so many real dangers and difficulties, that it is not likely to be scared by an imaginary danger, which is so small that it scarcely admits of calculation.
    David Hume (1711–1776)

    So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.
    William Morris (1834–1896)

    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)