Archive for the ‘finance’ Category

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Andrew Lo: Addiction to Monetary Gain

Posted by admin on Friday, May 22, 2015

Professor of Finance at Massachsetts Institute of Technology Andrew Lo Money Quotation saying Neuroscientists have shown that monetary gain stimulates our brains in the same way as cocaine, in both instances, dopamine is released in the pleasure centers of the brain. Andrew Lo said:.

In the case of cocaine, we call this addiction. In the case of monetary gain, we call it capitalism
— Andrew Lo

Timothy Geitner: Raging Financial Inferno

Posted by admin on Tuesday, May 19, 2015

Timothy Geitner Money Quotation saying as United States Secretary of the Treasury, under President Barack Obama, from 2009 to 2013 that prosecuting bankers would not have been productive in saving the economy. Timothy Geitner said:

Trying to mete out punishment to perpetrators during a genuinely systemic crisis – by letting major firms fail … can pour gasoline on the fire. Old Testament vengeance appeals to the populist fury of the moment, but the truly moral thing to do during a raging financial inferno is to put it out — Timothy Geitner

Bonoboism: Bankers can Rob the World

Posted by admin on Friday, May 15, 2015

@Bonoboism (Twitter) Money Quotation saying that stealing from a bank requires a weapon, but owning a bank is a weapon.

Give a man a gun and he can rob a bank, give a man a bank and he can rob the world
— @Bonoboism (Twitter)

@Bonoboism (Twitter) said:

S.E. Sever: Dream Profit & Loss Calculation

Posted by admin on Tuesday, May 12, 2015

S.E. Sever Money Quotation saying measure of hope & desire are precisely echoed in our finances and bank ledger. S.E. Sever said:

You can see the size of people’s dreams from their profit and loss calculations
— S.E. Sever

John Ruskin: Make Worse & Cheaper

Posted by admin on Sunday, May 10, 2015

John Ruskin Money Quotation saying those who make quality and profitability primary will be overtaken by those tearing both down to steal from you. John Ruskin said:

There is hardly anything in the world that some man cannot make a little worse and sell a little cheaper
— John Ruskin

Julian Assange: Bitcoin Balances Incentives

Posted by admin on Thursday, April 30, 2015

Homeless Bitcoin Not Accepted By: Martin Sutovec

By: Martin Sutovec, Slovakia

Julian Assange Money Quotation saying cryptocurrency has the necessary incentives to become widely acceptable and see adoption popularity. Julian Assange said:

Bitcoin actually has the balance and incentives right and that is why it is starting to take off
— Julian Assange

Arnon Grunberg: No Gold for Cryptocurrency

Posted by admin on Wednesday, April 29, 2015

Arnon Grunberg Money Quotation saying cryptocurrency proving that we must trust a currency, regardless of whether it is backed by alternate currencies. Arnon Grunberg said:

The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency
— Arnon Grunberg

John McAfee: Bitcoin is a Great Idea

Posted by admin on Tuesday, April 28, 2015

John McAfee Money Quotation saying hacking threatens digital currenciy wallets on cell phones, so it could be at risk there. John McAfee said:

Bitcoin, generally, is a great idea. Keeping wallets on smartphones is the worst idea of the decade
— John McAfee

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