- Money is worth only what we pretend it is worth (Part II: The Revenge of Greece)
- The definition of bankruptcy can be changed, but the fact of not having any worth is still a fact. Pretend otherwise, and you start pretending that money isn’t worth anything. And since you’re right, your currency will collapse quickly.
- Paul Krugman’s New Cents
- Money is worth only what we pretend it is worth. If we pretend it’s worth nothing, then it is worth nothing.