--- title: "Meaning & Key Takeaway of: Currency trading is unnecessary…" description: "\"Currency trading is unnecessary, unproductive and totally immoral. It should be stopped.\" — Mahathir Mohamad" image: "https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png" --- # Currency trading is unnecessary, unproductive and totally… ![“Currency trading is unnecessary, unproductive and totally immoral. It should be stopped.” quote by Mahathir Mohamad](https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png) [Download](https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png) [Open image](https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png) > “Currency trading is unnecessary, unproductive and totally immoral. It should be stopped.” [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Criticizes currency speculation as harmful and unethical, calling for its abolition. **In simple terms:** Currency trading is bad and should stop. Key Takeaway Advocate for financial reforms and ethical markets. Themes ethics economics regulation Mood critical concerned Type political economic When to use this quote - banking policy - investment strategies - government regulation Key Concepts financial morality market dynamics Questions to Reflect On - Is a ban feasible in global finance? - What alternatives exist to curb abuse? A Different Perspective Eliminating trading could reduce market liquidity and flexibility. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Trading](https://sms4smile.com/quotes/about/trading/) ## Related quotes > [I am saying that currency trading is unnecessary, unproductive, and immoral. It should be stopped. It should be made illegal.](https://sms4smile.com/quotes/mahathir-mohamad/i-am-saying-that-currency-trading-is-unnecessary-unproductive-and/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [I believe that currency trading should not be a business at all.](https://sms4smile.com/quotes/mahathir-mohamad/i-believe-that-currency-trading-should-not-be-a-business-at-all/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [China has to move to a more flexible foreign currency trading system, no question about that. You might see two or three moves to…](https://sms4smile.com/quotes/arjuna-mahendran/china-has-to-move-to-a-more-flexible-foreign-currency-trading-system/) [Arjuna Mahendran](https://sms4smile.com/quotes/author/arjuna-mahendran/) > [Human nature demands recognition. Without it, people lose their sense of purpose and become dissatisfied, restless, and unproductive.](https://sms4smile.com/quotes/ricardo-semler/human-nature-demands-recognition-without-it-people-lose-their-sense/) [Ricardo Semler](https://sms4smile.com/quotes/author/ricardo-semler/) > [When you know something or someone in your life is unhealthy or unproductive, that you have grown beyond where they are and where they…](https://sms4smile.com/quotes/iyanla-vanzant/when-you-know-something-or-someone-in-your-life-is-unhealthy-or/) [Iyanla Vanzant](https://sms4smile.com/quotes/author/iyanla-vanzant/) > [It's strange, when you think about it, that we spend close to a third of our lives asleep. Why do we do it? While…](https://sms4smile.com/quotes/maria-konnikova/it-s-strange-when-you-think-about-it-that-we-spend-close-to-a-third/) [Maria Konnikova](https://sms4smile.com/quotes/author/maria-konnikova/) > [My gift to you will be to take away your freedom of choice for a while. Freedom can be very unhealthy and unproductive. Instead,…](https://sms4smile.com/quotes/amanda-filipacchi/my-gift-to-you-will-be-to-take-away-your-freedom-of-choice-for-a/) [Amanda Filipacchi](https://sms4smile.com/quotes/author/amanda-filipacchi/) > [By using vertical space more effectively, you not only make more room for greenery but shorter commutes also mean less pressure on CO2 emission…](https://sms4smile.com/quotes/minoru-mori/by-using-vertical-space-more-effectively-you-not-only-make-more-room/) [Minoru Mori](https://sms4smile.com/quotes/author/minoru-mori/) > [I write all day every day, so when I feel unproductive, it magnifies everything else.](https://sms4smile.com/quotes/blake-butler/i-write-all-day-every-day-so-when-i-feel-unproductive-it-magnifies/) [Blake Butler](https://sms4smile.com/quotes/author/blake-butler/) > [The U.S. and Iraq will work together next year to shift Iraqi resources from unproductive subsidies to productive uses that enable Iraqis to earn…](https://sms4smile.com/quotes/zalmay-khalilzad/the-u-s-and-iraq-will-work-together-next-year-to-shift-iraqi/) [Zalmay Khalilzad](https://sms4smile.com/quotes/author/zalmay-khalilzad/) > [ “\[Y\]ou are here to learn something. Don’t try to figure out what it is. This can be frustrating and unproductive.” ](https://sms4smile.com/quotes/steven-l-peck/y-ou-are-here-to-learn-something-don-t-try-to-figure-out-what-it-is/) [Steven L. Peck](https://sms4smile.com/quotes/author/steven-l-peck/) > [This constant, unproductive preoccupation with all the things we have to do is the single largest consumer of time and energy.](https://sms4smile.com/quotes/kerry-gleeson/this-constant-unproductive-preoccupation-with-all-the-things-we-have/) Kerry Gleeson > [The bourgeois thinkers of the eighteenth century thus turned Aristotle's formula on its head: satisfactions which the Greek philosopher had identified with leisure were…](https://sms4smile.com/quotes/alain-de-botton/the-bourgeois-thinkers-of-the-eighteenth-century-thus-turned/) [Alain de Botton](https://sms4smile.com/quotes/author/alain-de-botton/) > [On the whole it may be observed, that the specific use of a body of unproductive consumers, is to give encouragement to wealth by…](https://sms4smile.com/quotes/thomas-malthus/on-the-whole-it-may-be-observed-that-the-specific-use-of-a-body-of/) [Thomas Malthus](https://sms4smile.com/quotes/author/thomas-malthus/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) ## More by Mahathir Mohamad > [I cannot keep quiet even when I am a lone voice.](https://sms4smile.com/quotes/mahathir-mohamad/i-cannot-keep-quiet-even-when-i-am-a-lone-voice/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [The Internet is undermining moral values.](https://sms4smile.com/quotes/mahathir-mohamad/the-internet-is-undermining-moral-values/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [In Malaysia, trials have always been fair.](https://sms4smile.com/quotes/mahathir-mohamad/in-malaysia-trials-have-always-been-fair/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [There are certain things that we can deal with by following the rules. But at times, we find the rules restrict you from doing…](https://sms4smile.com/quotes/mahathir-mohamad/there-are-certain-things-that-we-can-deal-with-by-following-the-rules/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [A heretic can be tolerated. But a heresy cannot.](https://sms4smile.com/quotes/mahathir-mohamad/a-heretic-can-be-tolerated-but-a-heresy-cannot/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [The Malays are spiritually inclined, tolerant, and easy-going. The non-Malays, and especially the Chinese, are materialistic, aggressive, and have an appetite for work. For…](https://sms4smile.com/quotes/mahathir-mohamad/the-malays-are-spiritually-inclined-tolerant-and-easy-going-the-non/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [Any organisation has a future, provided it is properly led and it sticks to the objective of that organisation.](https://sms4smile.com/quotes/mahathir-mohamad/any-organisation-has-a-future-provided-it-is-properly-led-and-it/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [In the eyes of the world, Malaysia has become a pariah state, a state where anyone can be hauled up and questioned by the…](https://sms4smile.com/quotes/mahathir-mohamad/in-the-eyes-of-the-world-malaysia-has-become-a-pariah-state-a-state/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [I not only think but also look and study things carefully. When I travel around, I look at things carefully, make comparisons of what…](https://sms4smile.com/quotes/mahathir-mohamad/i-not-only-think-but-also-look-and-study-things-carefully-when-i/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [Suppose a part of Britain or a part of America was taken away and given to the Jews as Israel. Do you think the…](https://sms4smile.com/quotes/mahathir-mohamad/suppose-a-part-of-britain-or-a-part-of-america-was-taken-away-and/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [When you have a prime minister who is corrupt, then you can be sure that a country cannot be anything else but corrupt.](https://sms4smile.com/quotes/mahathir-mohamad/when-you-have-a-prime-minister-who-is-corrupt-then-you-can-be-sure/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [I am the first authoritarian government elected to become a dictator and then resigning as a dictator. So this is the first dictator in…](https://sms4smile.com/quotes/mahathir-mohamad/i-am-the-first-authoritarian-government-elected-to-become-a-dictator/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [It would seem the people who want to preserve the Penans' way of life are condemning them to a life full of diseases and…](https://sms4smile.com/quotes/mahathir-mohamad/it-would-seem-the-people-who-want-to-preserve-the-penans-way-of-life/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [Once started, religious strife has a tendency to go on and on - to become permanent feuds. Today we see such intractable inter-religious wars…](https://sms4smile.com/quotes/mahathir-mohamad/once-started-religious-strife-has-a-tendency-to-go-on-and-on-to/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) > [Membership of an organisation is good, as long as you can make yourself heard.](https://sms4smile.com/quotes/mahathir-mohamad/membership-of-an-organisation-is-good-as-long-as-you-can-make/) [Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/) [Explore all 126 Mahathir Mohamad quotes ](https://sms4smile.com/quotes/author/mahathir-mohamad/) ## 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 > [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. It is a political weapon to force countries to implement the policies decided by the E.U. and keep…](https://sms4smile.com/quotes/marine-le-pen/the-euro-is-not-a-currency-it-is-a-political-weapon-to-force/) [Marine Le Pen](https://sms4smile.com/quotes/author/marine-le-pen/) > [“Key Points: ● Transparency - Blockchain offers significant improvements in transparency compared to existing record keeping and ledgers for many industries. ● Removal of…](https://sms4smile.com/quotes/mark-gates/key-points-transparency-blockchain-offers-significant-improvements-in/) Mark Gates > [In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. 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": "Currency trading is unnecessary, unproductive and totally immoral. It should be stopped.", "creator": { "@type": "Person", "name": "Mahathir Mohamad" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/mahathir-mohamad/currency-trading-is-unnecessary-unproductive-and-totally-immoral-it/", "about": { "@type": "Thing", "name": "Currency" }, "@id": "https://sms4smile.com/quotes/mahathir-mohamad/currency-trading-is-unnecessary-unproductive-and-totally-immoral-it/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png", "contentUrl": "https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png", "url": "https://sms4smile.com/quotes/i/682/mahathir-mohamad-3562_currency_currency-trading-is-unnecessary-unproduc_1781620.png", "width": 1080, "height": 1080, "caption": "“Currency trading is unnecessary, unproductive and totally immoral. It should be stopped.” — Mahathir Mohamad", "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": "Mahathir Mohamad", "item": "https://sms4smile.com/quotes/author/mahathir-mohamad/" }, { "@type": "ListItem", "position": 4, "name": "Currency trading is unnecessary, unproductive and...", "item": "https://sms4smile.com/quotes/mahathir-mohamad/currency-trading-is-unnecessary-unproductive-and-totally-immoral-it/" } ], "@id": "https://sms4smile.com/quotes/mahathir-mohamad/currency-trading-is-unnecessary-unproductive-and-totally-immoral-it/#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 } } ] } ```