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.
Elon Musk: Databases COBOL
on Friday, January 20, 2023Meaning of Elon Musk Money Quote: saying money, finance and banking is using outdated technology. Elon Musk said:
“Money is actually a set of heterogeneous databases with vast amounts of legacy code still using COBOL on mainframes in batch mode” — Elon Musk
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Exactly. Money is actually a set of heterogeneous databases with vast amounts of legacy code still using COBOL on mainframes in batch mode.
— Elon Musk (@elonmusk) January 16, 2023
Iain M. Banks: Profits & Dividends
on Wednesday, January 18, 2023Meaning of Iain M. Banks Money Quote: saying we often choose between profit and human needs and earning more before helping those in need. Iain M. Banks said:
“We have chosen to put profits before people, money before morality, dividends before decency, fanaticism before fairness, and our own trivial comforts before the unspeakable agonies of others” — Iain M. Banks
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Temple Grandin: Piles of Money
on Tuesday, January 17, 2023Meaning of Temple Grandin Money Quote: saying having a personal legacy is more valued than excessive money. Temple Grandin said:
“I don’t want my thoughts to die with me, I want to have done something. I’m not interested in power, or piles of money. I want to leave something behind. I want to make a positive contribution – know that my life has meaning” — Temple Grandin
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Vicki Robin: Accountant Finances
on Thursday, December 22, 2022Meaning of Vicki Robin Money Quote: saying we may be more embarrassed telling our therapist about the sex llfe than the more mundane finances to our accountant. Vicki Robin said:
“It is easier to tell our therapist about our sex life than it is to tell our accountant about our finances” — Vicki Robin
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Ayn Rand: Respect Money Earned
on Monday, December 12, 2022Meaning of Ayn Rand Money Quote: saying he that respects money is more likely to deserve it rather than those that hate it. Ayn Rand said:
“The man who damns money has obtained it dishonorably; the man who respects it has earned it” — Ayn Rand
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Ronald Reagan: Inflation Frightening
on Friday, December 2, 2022Meaning of Ronald Reagan Money Quote: saying Inflation is as scary as financial criminals that take money from you. Ronald Reagan said:
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man” — Ronald Reagan
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Mitt Romney: Wage Inflation
on Thursday, December 1, 2022Meaning of Mitt Romney Money Quote: saying the minimum wage should see cost of living increases that match rates of inflation. Mitt Romney said:
“I think the minimum wage ought to keep pace with inflation” — Mitt Romney
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Charlie Munger: Inflation Silly Needs
on Wednesday, November 30, 2022Meaning of Charlie Munger Money Quote: saying a defense against inflation is not needing material silly stuff in your life. Charlie Munger said:
“One of the great defenses if you’re worried about inflation is not to have a lot of silly needs in your life – you don’t need a lot of material goods” — Charlie Munger
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