Archive for the ‘finance’ Category

Bankers and leaders in the finance industry seem to be very tight lipped about what goes on inside banking. Here’s what politicians, comedians and just a few bank regulators have to say about banks.

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Adam Smith: High Wages, High Profits

Posted by admin on Tuesday, January 2, 2018

Adam Smith Money Quote saying business owners fully blame wages for increasing the cost of goods, but rarely believe profits have any deleterious effect. Adam Smith said:

Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits
— Adam Smith

 
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Merchants complain of high wages raising price of goods, say nothing of high profits Quote

Thomas Edison: Government Debt Brokers

Posted by admin on Tuesday, December 26, 2017

Thomas A. Edison Money Quote saying that bankers are controlling the national wealth (and debt) by charging the government interest while contributing nothing. Thomas A. Edison said:

It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold
— Thomas A. Edison

 
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Terrible when Government, to insure national wealth,must go in debt to interest charges Quote

Aphra Behn: Money Speaks, All Understand

Posted by admin on Saturday, December 23, 2017

Aphra Behn Money Quote saying there is no lack of comprehension when money talks, regardless of the native language of those listening. Aphra Behn said:

Money speaks sense in a language all nations understand
— Aphra Behn

 
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Aphra Behn Quote

John Maynard Keynes: Capitalism Nastiest

Posted by admin on Sunday, December 17, 2017

John Maynard Keynes Money Quote saying Economic policy is swayed by the wealthiest people with intentions that benefit themselves and others who have similar goals with no regard for the general welfare. John Maynard Keynes said:

Capitalism is the extraordinary belief that the nastiest of men with the nastiest of motives will somehow work for the benefit of all
— John Maynard Keynes

 
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Capitalism is belief that the nastiest men with nastiest motives will work for the benefit of all Quote

Louis L’Amour: Knowledge Circulation

Posted by admin on Monday, December 11, 2017

Louis L’Amour Money Quote saying Circulation is what makes knowledge more valuable, as does cash when money is circulating. Louis L’Amour said:

Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value
— Louis L’Amour

 
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Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value Quote

Robert A. Heinlein: Commercial Financing Commodity

Posted by admin on Tuesday, December 5, 2017

Robert A. Heinlein Money Quote saying banks could finance commercial loans by charing reasonable fees, but instead commoditize cash based on scarcity. Robert A. Heinlein said:

Commercial financing could be done for a service charge plus an insurance fee amounting to much less that the rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state’s means of exchange
— Robert A. Heinlein

 
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Commercial financing could be done for a service charge plus an insurance fee amounting to much less that the rates of interest charged by banks Quote

John Nash: Money as a Public Utility

Posted by admin on Monday, November 27, 2017

John Nash Money Quote saying we have the same need for money as power and running water, so it could be called a utility. John Nash said:

Money may become as comparable to the quality of some ‘public utility’ like the supply of electric energy or of water
— John Nash

 
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Money may become comparable to 'public utility' like the supply of electric energy or water Quote

Bill Maher: Identity Theft Protection

Posted by admin on Friday, November 24, 2017

Bill Maher Money Quote saying financial institutions must protect electronic fraud like identity theft just as they must protect our money against bank robbers. Bill Maher said:

My bank must stop trying to sell me identity theft protection. You know why I expect you to protect my money? Because you’re a bank
— Bill Maher

 
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My bank must stop trying to sell me identity theft protection. You why I expect you to protect my money? Because you're a bank Quote

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Money Quotes Daily

Money Quotes Daily