Archive for the ‘finance’ Category

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Donald Trump: Middle Class Wealth Rip

Posted by admin on Friday, January 20, 2017

Donald Trump Money Quote saying that the financial crisis of 2008 and collapse of sub-prime mortgage market sent that money overseas, when that mortgage meltdown actually evaporated wealth from economies world-wide. Donald Trump said:

The wealth of our middle class has been ripped from their homes and then redistributed all across the world
— Donald Trump

Donald Trump: Nobody Knows Banking

Posted by admin on Tuesday, January 10, 2017

Donald Trump Money Quote saying adds banking to the long list of things he knows more about than anyone else, ever. Donald Trump said:

Nobody knows banking better than I do
— Donald Trump

Cashectomy, Money Word

Posted by admin on Wednesday, January 4, 2017

Reported first use was December 22, 1970 by Monty Python’s Flying Circus, Episode Twenty-six: “Cashectomy, a total removal of all moneys from the patient.”

Money Word
“Cashectomy” — Monty Python

Money Words – Finance Neologisms

Joseph Stiglitz: Funds Pockets of Secrecy

Posted by admin on Wednesday, December 28, 2016

Economist Joseph Stiglitz Money Quote saying in the Overcoming the Shadow Economy report on Panama Papers, Joseph Stiglitz believes complete transparency is required worldwide financial markets. Economist Joseph Stiglitz said:

In a globalized world, if there is any pocket of secrecy, funds will flow through that pocket
— Joseph Stiglitz

Elizabeth Warren: Gamble With Economy

Posted by admin on Friday, November 11, 2016

John Darkow, Columbia Daily Tribune, Missouri

John Darkow, Columbia Daily Tribune, Missouri



Elizabeth Warren Money Quote saying she will fight repeal of Dodd-Frank and will not allow Consumer Financial Protection Bureau to be gutted as Trump has vowed during election fight. Elizabeth Warren said:

If Trump and the Republican Party try to turn loose the big banks and financial institutions so they can once again gamble with our economy and bring it all crashing down, then we will fight them every step of the way
— Elizabeth Warren

John Kenneth Galbraith: Economics Majority

Posted by admin on Wednesday, November 9, 2016

John Kenneth Galbraith Money Quote saying when looking to the financial crowd to answer tough questions, count on the majority of economists to make the wrong choices. John Kenneth Galbraith said:

In economics, the majority is always wrong
— John Kenneth Galbraith

Elizabeth Warren: Bank CEO Massive Fraud

Posted by admin on Wednesday, October 12, 2016

Senator Elizabeth Warren Money Quote saying about former CEO of Wells Fargo Bank, John Stumpf that he should face prosecution for fraud. Senator Elizabeth Warren said:

A bank CEO should not be able to oversee a massive fraud & simply walk away to enjoy his millions in retirement
— Elizabeth Warren

Satoshi Nakamoto: Not to Debase Currency

Posted by admin on Tuesday, October 11, 2016

Creator of bitcoin and blockchain technology, Satoshi Nakamoto Money Quote saying trust of central bank required for currency to remain viable. History of financial systems trust shows that has failed repeatedly. Satoshi Nakamoto said:

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust
— Satoshi Nakamoto

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