---
title: "Meaning & Key Takeaway of: You've had an extremely weak euro on the…"
description: "\"You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.\" — John Major"
image: "https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png"
---

#  You've had an extremely weak euro on the foreign exchange…

![“You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.” quote by John Major](https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png)   [Download](https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png) [Open image](https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png)

> “You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.”

[John Major](https://sms4smile.com/quotes/author/john-major/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Weak currency and poor policy damage economic stability and credibility.

**In simple terms:** Bad euro and policy hurt the economy.

Key Takeaway

Improve fiscal discipline and policy clarity.

Themes

economics policy leadership

Mood

analytical critical

Type

political economic

When to use this quote

- government budgeting
- market regulation
- public statements

Key Concepts

currency management political accountability

Questions to Reflect On

- What caused the euro weakness?
- How can policy be strengthened?

A Different Perspective

Policy criticism may overlook external factors.

★ ★ ★ ★ ★   No ratings yet

[Being](https://sms4smile.com/quotes/about/being/) [Europe](https://sms4smile.com/quotes/about/europe/) [Foreign exchange](https://sms4smile.com/quotes/about/foreign-exchange/) [Investing](https://sms4smile.com/quotes/about/investing/) [Markets](https://sms4smile.com/quotes/about/markets/)

## Related quotes

> [There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign…](https://sms4smile.com/quotes/william-smith-white/there-are-five-main-purposes-of-central-bank-cooperation-the/)

William Smith White

> [Our foreign-exchange reserves when I took over were no more than a billion dollars; that is, roughly equal to two weeks' imports.](https://sms4smile.com/quotes/manmohan-singh/our-foreign-exchange-reserves-when-i-took-over-were-no-more-than-a/)

[Manmohan Singh](https://sms4smile.com/quotes/author/manmohan-singh/)

> [Here’s my gut belief: Obama got a leg up by being admitted to both Occidental and Columbia as a foreign exchange student. He was…](https://sms4smile.com/quotes/wayne-allyn-root/here-s-my-gut-belief-obama-got-a-leg-up-by-being-admitted-to-both/)

[Wayne Allyn Root](https://sms4smile.com/quotes/author/wayne-allyn-root/)

> [Friday's turmoil in global markets looks set to continue to exert a dominant force on the foreign exchange markets. The usual trend when U.S.…](https://sms4smile.com/quotes/craig-ferguson/friday-s-turmoil-in-global-markets-looks-set-to-continue-to-exert-a/)

[Craig Ferguson](https://sms4smile.com/quotes/author/craig-ferguson/)

> [Where the foreign exchange is not available, we are cutting down our operations. For example, we had a vegetable oil refinery; we have shut…](https://sms4smile.com/quotes/aliko-dangote/where-the-foreign-exchange-is-not-available-we-are-cutting-down-our/)

[Aliko Dangote](https://sms4smile.com/quotes/author/aliko-dangote/)

> [We have made it possible, without gold and without foreign exchange, to maintain the value of the German mark. Behind the German mark stands…](https://sms4smile.com/quotes/adolf-hitler/we-have-made-it-possible-without-gold-and-without-foreign-exchange-to/)

[Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/)

> [Foreign exchange rates are determined by various factors.](https://sms4smile.com/quotes/fumio-kishida/foreign-exchange-rates-are-determined-by-various-factors/)

[Fumio Kishida](https://sms4smile.com/quotes/author/fumio-kishida/)

> [What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a…](https://sms4smile.com/quotes/ludwig-von-mises/what-generates-war-is-the-economic-philosophy-of-nationalism/)

[Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/)

> [Keynes was chief economic adviser to the British government and largely responsible for keeping the British economy afloat at a time when more than…](https://sms4smile.com/quotes/freeman-dyson/keynes-was-chief-economic-adviser-to-the-british-government-and/)

[Freeman Dyson](https://sms4smile.com/quotes/author/freeman-dyson/)

> [While monetary policy affects foreign exchange, it also has a major impact on the burden of interest payments by small- and medium-sized enterprises.](https://sms4smile.com/quotes/fumio-kishida/while-monetary-policy-affects-foreign-exchange-it-also-has-a-major/)

[Fumio Kishida](https://sms4smile.com/quotes/author/fumio-kishida/)

> [I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.](https://sms4smile.com/quotes/jamie-dimon/i-also-believe-that-most-of-the-emerging-economies-have-a-fairly/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic…](https://sms4smile.com/quotes/carroll-quigley/each-central-banksought-to-dominate-its-government-by-its-ability-to/)

[Carroll Quigley](https://sms4smile.com/quotes/author/carroll-quigley/)

> [When I was in high school, I liked to pretend that I was a Russian foreign exchange student. I would do things like go…](https://sms4smile.com/quotes/misha-collins/when-i-was-in-high-school-i-liked-to-pretend-that-i-was-a-russian-2/)

[Misha Collins](https://sms4smile.com/quotes/author/misha-collins/)

> [I worked during summers on the foreign exchange desk as a dollar/yen broker for Noonan, Astley &amp; Pierce. I used to write the chairman…](https://sms4smile.com/quotes/howard-lutnick/i-worked-during-summers-on-the-foreign-exchange-desk-as-a-dollar-yen/)

[Howard Lutnick](https://sms4smile.com/quotes/author/howard-lutnick/)

> [After all, for mankind as a whole there are no exports. We did not start developing by obtaining foreign exchange from Mars or the…](https://sms4smile.com/quotes/e-f-schumacher/after-all-for-mankind-as-a-whole-there-are-no-exports-we-did-not/)

[E. F. Schumacher](https://sms4smile.com/quotes/author/e-f-schumacher/)

## More by John Major

> [I think it's extremely unlikely that the European Union will fracture with nations dropping off the edge.](https://sms4smile.com/quotes/john-major/i-think-it-s-extremely-unlikely-that-the-european-union-will-fracture/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [The politician who never made a mistake never made a decision.](https://sms4smile.com/quotes/john-major/the-politician-who-never-made-a-mistake-never-made-a-decision/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [A consensus politician is someone who does something that he doesn't believe is right because it keeps people quiet when he does it.](https://sms4smile.com/quotes/john-major/a-consensus-politician-is-someone-who-does-something-that-he-doesn-t/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I'm very proud of what my parents achieved and what they stood for. They didn't have much, but in many ways they were richer…](https://sms4smile.com/quotes/john-major/i-m-very-proud-of-what-my-parents-achieved-and-what-they-stood-for/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [You cannot think of Margaret without Denis. There comes a time when every Prime Minister needs someone to give him or her the unvarnished…](https://sms4smile.com/quotes/john-major/you-cannot-think-of-margaret-without-denis-there-comes-a-time-when/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I am not running as Son of Margaret Thatcher. I have my own priorities and my own programmes.](https://sms4smile.com/quotes/john-major/i-am-not-running-as-son-of-margaret-thatcher-i-have-my-own-priorities/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I inherited a sick economy and passed on a sound one. But one abiding regret for me is that, in between, I did not…](https://sms4smile.com/quotes/john-major/i-inherited-a-sick-economy-and-passed-on-a-sound-one-but-one-abiding/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I like the best of the British press. The best of the British press is very good.](https://sms4smile.com/quotes/john-major/i-like-the-best-of-the-british-press-the-best-of-the-british-press-is/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I think we can get respect for Parliament back providing governments and oppositions are frank.](https://sms4smile.com/quotes/john-major/i-think-we-can-get-respect-for-parliament-back-providing-governments/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [When the euro was born, it was born in the wrong economic circumstances.](https://sms4smile.com/quotes/john-major/when-the-euro-was-born-it-was-born-in-the-wrong-economic-circumstances/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I want to see us build a country that is at ease with itself, a country that is confident and a country that is…](https://sms4smile.com/quotes/john-major/i-want-to-see-us-build-a-country-that-is-at-ease-with-itself-a/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [If is a very big preposition.](https://sms4smile.com/quotes/john-major/if-is-a-very-big-preposition/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [It is time to return to those core values, time to get back to basics: to self-discipline and respect for the law, to consideration…](https://sms4smile.com/quotes/john-major/it-is-time-to-return-to-those-core-values-time-to-get-back-to-basics/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [I don't have a shred of regret about entering the exchange-rate mechanism.](https://sms4smile.com/quotes/john-major/i-don-t-have-a-shred-of-regret-about-entering-the-exchange-rate/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

> [Disunity costs votes.](https://sms4smile.com/quotes/john-major/disunity-costs-votes/)

[John Major](https://sms4smile.com/quotes/author/john-major/)

[Explore all 82 John Major quotes ](https://sms4smile.com/quotes/author/john-major/)

## More Being quotes

> [Because of the womb being a central phenomenon in the feminine body, the whole psychology of woman differs: she is non-aggressive, non-inquiring, non-questioning, non-doubting,…](https://sms4smile.com/quotes/rajneesh/because-of-the-womb-being-a-central-phenomenon-in-the-feminine-body/)

[Rajneesh](https://sms4smile.com/quotes/author/rajneesh/)

> [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/)

[Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/)

> [There is something magical about being able to feel somebody. And that is something that has always moved me with music.](https://sms4smile.com/quotes/maria-brink/there-is-something-magical-about-being-able-to-feel-somebody-and-that/)

[Maria Brink](https://sms4smile.com/quotes/author/maria-brink/)

> [I love being in Malibu. It's so cool there, and the water is just, it's nice and, and I love the beach. And I…](https://sms4smile.com/quotes/jackie-evancho/i-love-being-in-malibu-it-s-so-cool-there-and-the-water-is-just-it-s/)

[Jackie Evancho](https://sms4smile.com/quotes/author/jackie-evancho/)

> [I talk to my mates about our kids, being too tired and being worn out.](https://sms4smile.com/quotes/holly-willoughby/i-talk-to-my-mates-about-our-kids-being-too-tired-and-being-worn-out/)

[Holly Willoughby](https://sms4smile.com/quotes/author/holly-willoughby/)

> [I love to fish. I love the peacefulness of being around the water.](https://sms4smile.com/quotes/evonne-goolagong-cawley/i-love-to-fish-i-love-the-peacefulness-of-being-around-the-water/)

[Evonne Goolagong Cawley](https://sms4smile.com/quotes/author/evonne-goolagong-cawley/)

> [When you're in your twenties and starting out, the problem is that you care about being cool. Being older, I can care less about…](https://sms4smile.com/quotes/james-righton/when-you-re-in-your-twenties-and-starting-out-the-problem-is-that-you/)

[James Righton](https://sms4smile.com/quotes/author/james-righton/)

> [I am tired of our characters being so incomplete. When do we ever save the day in a film? When does a Latino actor…](https://sms4smile.com/quotes/esai-morales/i-am-tired-of-our-characters-being-so-incomplete-when-do-we-ever-save/)

[Esai Morales](https://sms4smile.com/quotes/author/esai-morales/)

> [Being a new mother is a blessing.](https://sms4smile.com/quotes/phaedra-parks/being-a-new-mother-is-a-blessing/)

[Phaedra Parks](https://sms4smile.com/quotes/author/phaedra-parks/)

> [I think I've had the longest career of strength, focus, and still being able to sell records. I think I'm that guy. I'm still…](https://sms4smile.com/quotes/nas/i-think-i-ve-had-the-longest-career-of-strength-focus-and-still-being/)

[Nas](https://sms4smile.com/quotes/author/nas/)

> [If we accept being talked to any kind of a way, then we are telling ourselves we are not quite worth the best. And…](https://sms4smile.com/quotes/maya-angelou/if-we-accept-being-talked-to-any-kind-of-a-way-then-we-are-telling/)

[Maya Angelou](https://sms4smile.com/quotes/author/maya-angelou/)

> [Having small children and being an investigative reporter would seem like a difficult mix, but it worked well for me. I was often working…](https://sms4smile.com/quotes/jill-abramson/having-small-children-and-being-an-investigative-reporter-would-seem/)

[Jill Abramson](https://sms4smile.com/quotes/author/jill-abramson/)

> [I am just enjoying the dream of being Milan coach at the age of 40.](https://sms4smile.com/quotes/gennaro-gattuso/i-am-just-enjoying-the-dream-of-being-milan-coach-at-the-age-of-40/)

[Gennaro Gattuso](https://sms4smile.com/quotes/author/gennaro-gattuso/)

> [America, you're sending girls a mixed message. On one hand, you're saying to have positive body image and love who we are; on the…](https://sms4smile.com/quotes/adora-svitak/america-you-re-sending-girls-a-mixed-message-on-one-hand-you-re/)

[Adora Svitak](https://sms4smile.com/quotes/author/adora-svitak/)

> [We should not live in fear, we should all enjoy being able to express our views freely and openly, challenge each other on issues.](https://sms4smile.com/quotes/tan-cheng-bock/we-should-not-live-in-fear-we-should-all-enjoy-being-able-to-express/)

[Tan Cheng Bock](https://sms4smile.com/quotes/author/tan-cheng-bock/)

[Browse all 18,139 Being quotes ](https://sms4smile.com/quotes/about/being/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.",
            "creator": {
                "@type": "Person",
                "name": "John Major"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/john-major/you-ve-had-an-extremely-weak-euro-on-the-foreign-exchange-markets-you/",
            "about": {
                "@type": "Thing",
                "name": "Being"
            },
            "@id": "https://sms4smile.com/quotes/john-major/you-ve-had-an-extremely-weak-euro-on-the-foreign-exchange-markets-you/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png",
                "contentUrl": "https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png",
                "url": "https://sms4smile.com/quotes/i/964/john-major-8314_being_you-ve-had-an-extremely-weak-euro-on-the_2336455.png",
                "width": 1080,
                "height": 1080,
                "caption": "“You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being…” — John Major",
                "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": "John Major",
                    "item": "https://sms4smile.com/quotes/author/john-major/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "You've had an extremely weak euro...",
                    "item": "https://sms4smile.com/quotes/john-major/you-ve-had-an-extremely-weak-euro-on-the-foreign-exchange-markets-you/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/john-major/you-ve-had-an-extremely-weak-euro-on-the-foreign-exchange-markets-you/#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
            }
        }
    ]
}
```
