Archive for the ‘finance’ Category

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Bernie Sanders: Make Banking Boring Again

Posted by admin on Monday, May 2, 2016

Bernie Sanders Money Quote saying banks should not be legally able to wager depositors money on big risky Wall Street gambles. Bernie Sanders said:

I want to make banking boring again. It shouldn’t be about making as much profit as possible by gambling on esoteric financial products
— Bernie Sanders

Bernie Sanders: Banking, Not Gambling

Posted by admin on Monday, May 2, 2016

Bernie Sanders Money Quote saying we need to stop Wall Street from speculating with small depositors money. Bernie Sanders said:

Banking should be about providing affordable loans to Americans who need to purchase homes and cars, not reckless gambling on Wall Street
— Bernie Sanders

Psalms: Lends Without Usury

Posted by admin on Friday, April 1, 2016

Psalms 15:5 Bible Money Quote saying those who work in finance without abusing their customers will prosper. Psalms 15:5:

Who lends his money without usury and does not accept a bribe against the innocent. He who does these things will never be shaken
— Psalms 15:5

Andreas Antonopoulos: Bitcoin Sewer Rat

Posted by admin on Monday, February 29, 2016

Andreas Antonopoulos Money Quote saying bitcoin has been exposed to attacks and injuries which lead to antibodies and immunity to attack. Andreas Antonopoulos said:

Bitcoin is a sewer rat. It’s missing a leg. Its snout was badly mangled in an accident in last year. It’s not allergic to anything. In fact, it’s probably got a couple of strains of bubonic plague on it which it treats like a common cold. You have a system that is antifragile and dynamic and robust
— Andreas Antonopoulos

Joseph Stiglitz: GDP Not Well-Being

Posted by admin on Monday, February 8, 2016

Economist Joseph Stiglitz Money Quotation saying “what we measure informs what we do. And if we’re measuring the wrong thing, we’re going to do the wrong thing.” Joseph Stiglitz said:

GDP is not a good measure of economic performance; it’s not a good measure of well-being
— Joseph Stiglitz

Marc Benioff: Speed is Currency of Business

Posted by admin on Tuesday, January 26, 2016

Marc Benioff Money Quotation saying at World Economic Forum #WEF16 event in #Davos that being able to move quickly to catch the wave of market forces is more valuable than cash. Marc Benioff said:

Speed is the new currency of business
— Marc Benioff

Michael Connolly: Printing Inflationary Evil

Posted by admin on Tuesday, January 26, 2016

Michael Connolly Money Quotation saying governments that are tempted to print money during financial crises are playing with Seigniorage fire. Michael Connolly said:

Seigniorage finance of fiscal deficits is often known as “the printing press.” In a sense, money is the root of all inflationary evil. It helps to understand why inflation bursts out here and there periodically
— Michael Connolly

Michio Kaku: Investment Banking Massage

Posted by admin on Monday, January 25, 2016

Michio Kaku Money Quotation saying theoretical physics creates new technology as opposed to investment banking, which simply moves money around. Michio Kaku said:

I have nothing against investment banking, but it’s like massaging money rather than creating money
— Michio Kaku

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