--- title: "Meaning & Key Takeaway of: The only reason you would want your…" description: "\"The only reason you would want your currency to fall, if you could control it, is in order to get more exports.\" — David Wessel" image: "https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg" --- # The only reason you would want your currency to fall, if… ![“The only reason you would want your currency to fall, if you could control it, is in order to get more exports.” quote by David Wessel](https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg) [Download](https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg) [Open image](https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg) > “The only reason you would want your currency to fall, if you could control it, is in order to get more exports.” [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. A weaker currency can boost exports if the government can control it, but it risks inflation and economic instability. **In simple terms:** Weak currency may increase exports. Key Takeaway Weigh export benefits against economic risks. Themes economics trade currency policy Mood cautious analytical Type economic strategic When to use this quote - government budgeting - business planning - international trade Key Concepts exchange rates export strategy Questions to Reflect On - Is export growth worth inflation risk? - How to balance currency control and stability? A Different Perspective Manipulating currency can cause long‑term damage. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Currency Fall](https://sms4smile.com/quotes/about/currency-fall-5192463/) [Customer](https://sms4smile.com/quotes/about/customer/) [Exports](https://sms4smile.com/quotes/about/exports/) [Fall](https://sms4smile.com/quotes/about/fall/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Order](https://sms4smile.com/quotes/about/order/) [Order Exports](https://sms4smile.com/quotes/about/order-exports-5192465/) [Reason](https://sms4smile.com/quotes/about/reason/) [Want](https://sms4smile.com/quotes/about/want/) [Want Currency](https://sms4smile.com/quotes/about/want-currency-5192464/) ## Related quotes > [Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me.…](https://sms4smile.com/quotes/douglas-r-oberhelman/why-is-caterpillar-bad-if-we-create-a-new-job-in-india-or-china-to/) [Douglas R. Oberhelman](https://sms4smile.com/quotes/author/douglas-r-oberhelman/) > [With proper infrastructure and packaging, India can certainly become a global player in agricultural exports.](https://sms4smile.com/quotes/subramanian-swamy/with-proper-infrastructure-and-packaging-india-can-certainly-become-a/) [Subramanian Swamy](https://sms4smile.com/quotes/author/subramanian-swamy/) > [I really believe in U.S. manufacturing and U.S. exports, but we have to have a level playing field.](https://sms4smile.com/quotes/bill-foster/i-really-believe-in-u-s-manufacturing-and-u-s-exports-but-we-have-to/) [Bill Foster](https://sms4smile.com/quotes/author/bill-foster/) > [Europe is very critical to the United States in the sense not only do we have a fourth of our exports there, but more…](https://sms4smile.com/quotes/alan-greenspan/europe-is-very-critical-to-the-united-states-in-the-sense-not-only-do/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [When I was secretary of state, we actually increased American exports globally 30 percent. We increased them to China 50 percent.](https://sms4smile.com/quotes/hillary-clinton/when-i-was-secretary-of-state-we-actually-increased-american-exports/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [Protectionist politicians cannot stand the notion of a fossil-fuel-rich America maintaining record levels of production through exports.](https://sms4smile.com/quotes/mike-pompeo/protectionist-politicians-cannot-stand-the-notion-of-a-fossil-fuel/) [Mike Pompeo](https://sms4smile.com/quotes/author/mike-pompeo/) > [For China, the GCC countries have emerged as a major market for Chinese manufactured goods and food exports.](https://sms4smile.com/quotes/sanjaya-baru/for-china-the-gcc-countries-have-emerged-as-a-major-market-for/) [Sanjaya Baru](https://sms4smile.com/quotes/author/sanjaya-baru/) > [The Assad regime is quite reliant on oil exports.](https://sms4smile.com/quotes/elliott-abrams/the-assad-regime-is-quite-reliant-on-oil-exports/) [Elliott Abrams](https://sms4smile.com/quotes/author/elliott-abrams/) > [If the United Nations is a country unto itself, then the commodity it exports most is words.](https://sms4smile.com/quotes/esther-b-fein/if-the-united-nations-is-a-country-unto-itself-then-the-commodity-it/) [Esther B Fein](https://sms4smile.com/quotes/author/esther-b-fein/) > [Diplomacy in a sense is the opposite of writing. You have to disperse yourself so much: the lady who comes in crying because shes…](https://sms4smile.com/quotes/carlos-fuentes/diplomacy-in-a-sense-is-the-opposite-of-writing-you-have-to-disperse/) [Carlos Fuentes](https://sms4smile.com/quotes/author/carlos-fuentes/) > [It is not good to cut exports or imports.](https://sms4smile.com/quotes/jose-angel-gurria/it-is-not-good-to-cut-exports-or-imports/) [Jose Angel Gurria](https://sms4smile.com/quotes/author/jose-angel-gurria/) > [U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is…](https://sms4smile.com/quotes/henry-paulson/u-s-exports-to-china-have-more-than-quintupled-since-china-entered/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Even though it is the case that poverty is linked to AIDS, in the sense that Africa is poor and they have a lot…](https://sms4smile.com/quotes/emily-oster/even-though-it-is-the-case-that-poverty-is-linked-to-aids-in-the/) [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) > [Canada is a country whose main exports are hockey players and cold fronts. Our main imports are baseball players and acid rain.](https://sms4smile.com/quotes/pierre-trudeau/canada-is-a-country-whose-main-exports-are-hockey-players-and-cold/) [Pierre Trudeau](https://sms4smile.com/quotes/author/pierre-trudeau/) > [If you step back and think about it, just a little over two years ago, in 2009, it was not surprising at all to…](https://sms4smile.com/quotes/charles-dallara/if-you-step-back-and-think-about-it-just-a-little-over-two-years-ago/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) ## More by David Wessel > [I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we…](https://sms4smile.com/quotes/david-wessel/i-think-the-one-thing-that-s-going-on-here-is-that-people-are-saying/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [People have put a lot of faith in the government's ability to get growth going in China. People have this, what I think, illusion…](https://sms4smile.com/quotes/david-wessel/people-have-put-a-lot-of-faith-in-the-government-s-ability-to-get/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're…](https://sms4smile.com/quotes/david-wessel/if-you-don-t-have-a-set-of-principles-that-you-can-explain-for-what/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [I think that the feel that maybe China is slowing down means it will be buying less from Africa and Latin America. That means…](https://sms4smile.com/quotes/david-wessel/i-think-that-the-feel-that-maybe-china-is-slowing-down-means-it-will/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world…](https://sms4smile.com/quotes/david-wessel/i-think-it-s-hard-to-understand-in-economics-it-s-easier-to/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.](https://sms4smile.com/quotes/david-wessel/nobody-really-knows-what-the-market-is-going-to-do-but-it-sure-looks/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [I think what the Fed fears is that, if Donald Trump gets big tax cuts and big spending increases that take effect right now,…](https://sms4smile.com/quotes/david-wessel/i-think-what-the-fed-fears-is-that-if-donald-trump-gets-big-tax-cuts/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [There is the fact that - people have had a lot of confidence that the Chinese leadership could fix what is wrong with their…](https://sms4smile.com/quotes/david-wessel/there-is-the-fact-that-people-have-had-a-lot-of-confidence-that-the/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [The stock market was relieved that the Fed didn't sound tougher, and the stock market seems to figure that everything they like about Donald…](https://sms4smile.com/quotes/david-wessel/the-stock-market-was-relieved-that-the-fed-didn-t-sound-tougher-and/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend…](https://sms4smile.com/quotes/david-wessel/i-think-it-was-seen-as-a-symptom-that-the-chinese-leadership-may-be/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad…](https://sms4smile.com/quotes/david-wessel/china-s-stock-market-is-not-very-big-and-yet-when-stock-market-has-a/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better,…](https://sms4smile.com/quotes/david-wessel/at-some-point-people-may-decide-that-the-u-s-stock-market-has-fallen/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [Chinese don't really believe in markets. They like stability, they like control.](https://sms4smile.com/quotes/david-wessel/chinese-don-t-really-believe-in-markets-they-like-stability-they-like/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [There is also a concern that there is a lack of demand of oil. And so when commodity prices fall, it's good if you…](https://sms4smile.com/quotes/david-wessel/there-is-also-a-concern-that-there-is-a-lack-of-demand-of-oil-and-so/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) > [I think the Chinese are really amateurs when it comes to running markets.](https://sms4smile.com/quotes/david-wessel/i-think-the-chinese-are-really-amateurs-when-it-comes-to-running/) [David Wessel](https://sms4smile.com/quotes/author/david-wessel/) [Explore all 19 David Wessel quotes ](https://sms4smile.com/quotes/author/david-wessel/) ## More Currency quotes > [A man walks down the street. It's a street in a strange world. Maybe it's the third world. Maybe it's his first time around.…](https://sms4smile.com/quotes/paul-simon/a-man-walks-down-the-street-it-s-a-street-in-a-strange-world-maybe-it/) [Paul Simon](https://sms4smile.com/quotes/author/paul-simon/) > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) > [I'm not in the business of bayoneting the wounded. I feel the blockchain revolution is kind of my victory. I don't care whether I…](https://sms4smile.com/quotes/patrick-m-byrne/i-m-not-in-the-business-of-bayoneting-the-wounded-i-feel-the/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [If you do more than your share you'd better want to: otherwise, you're paying yourself in a currency recognized nowhere else.](https://sms4smile.com/quotes/james-richardson/if-you-do-more-than-your-share-you-d-better-want-to-otherwise-you-re/) [James Richardson](https://sms4smile.com/quotes/author/james-richardson/) > [“Relationships are the currency of business.”](https://sms4smile.com/quotes/brian-basilico/relationships-are-the-currency-of-business/) [Brian Basilico](https://sms4smile.com/quotes/author/brian-basilico/) > [The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it…](https://sms4smile.com/quotes/garet-garrett/the-spectacle-of-a-great-solvent-government-paying-a-fictitious-price/) [Garet Garrett](https://sms4smile.com/quotes/author/garet-garrett/) > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in…](https://sms4smile.com/quotes/michael-hudson/this-is-not-really-currency-that-circulates-it-s-like-the-old-joke/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) > [This separation was absolute in our original Republic. But the sky-godders do not give up easily. In the 1950s they actually got the phrase…](https://sms4smile.com/quotes/gore-vidal/this-separation-was-absolute-in-our-original-republic-but-the-sky/) [Gore Vidal](https://sms4smile.com/quotes/author/gore-vidal/) > [As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income and mobility,…](https://sms4smile.com/quotes/tim-ferriss/as-far-as-income-goes-there-are-three-currencies-in-the-world-most/) [Tim Ferriss](https://sms4smile.com/quotes/author/tim-ferriss/) > [The euro is not a currency. 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By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) [Browse all 1,256 Currency quotes ](https://sms4smile.com/quotes/about/currency/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The only reason you would want your currency to fall, if you could control it, is in order to get more exports.", "creator": { "@type": "Person", "name": "David Wessel" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/david-wessel/the-only-reason-you-would-want-your-currency-to-fall-if-you-could/", "about": { "@type": "Thing", "name": "Currency" }, "@id": "https://sms4smile.com/quotes/david-wessel/the-only-reason-you-would-want-your-currency-to-fall-if-you-could/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg", "contentUrl": "https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg", "url": "https://sms4smile.com/quotes/i/352/david-wessel-28482_currency_the-only-reason-you-would-want-your-curr_2259372.jpg", "width": 1080, "height": 1080, "caption": "“The only reason you would want your currency to fall, if you could control it, is in order to get more…” — David Wessel", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "David Wessel", "item": "https://sms4smile.com/quotes/author/david-wessel/" }, { "@type": "ListItem", "position": 4, "name": "The only reason you would want...", "item": "https://sms4smile.com/quotes/david-wessel/the-only-reason-you-would-want-your-currency-to-fall-if-you-could/" } ], "@id": "https://sms4smile.com/quotes/david-wessel/the-only-reason-you-would-want-your-currency-to-fall-if-you-could/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```