Coronavirus Money Quotes Covid 19
 
 

  • The page discusses the economic and financial impacts of the coronavirus pandemic through quotes from various experts and public figures
  • It covers topics like wealth accumulation by billionaires during the crisis, problems with the US healthcare system, impacts on social security and unemployment, and debates around reopening the economy
  • Quotes discuss issues like profiteering by pharmaceutical companies, the need for contact tracing apps, impacts on travel and consumption, and challenges providing economic relief
  • Experts discuss challenges around vaccine development, how long the virus can survive on surfaces, and when the peak of the virus may be
  • Political figures are quoted on topics like halting WHO funding, focusing economic recovery on domestic spending, and prioritizing public health over economic factors
  • The page aims to provide context and perspectives on the pandemic’s wide-ranging effects from health, economic, social and political standpoints

10 people were worth $650 billion. Now they are worth $1.4 trillion. And the Senate avoid taxing them at all Quote
 

“Before the pandemic, there was 1 person worth $100 billion. Now there are 10. Before the pandemic, those 10 people were worth $650 billion. Now they are worth $1.4 trillion. And the Senate is ready to shut down the government and deny vital services to avoid taxing them at all” — Dan Price

 

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We have solid growth and 'panflation,' price hikes that are induced by a global pandemic that has disrupted supply chains around the world Quote
 

“We have solid growth and ‘panflation,’ price hikes that are induced by a global pandemic that has disrupted supply chains around the world, greatly distorted global labor markets amid uneven demand for specific goods and services” — Ron Insana

 

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We are suffering from something new, something I’d like to term a 'Pandession'. We have chosen to minimise needless death at the price of huge economic damage Quote
 

“We are not living through a recession. Nor are we witnessing a depression. We are suffering from something new, something I’d like to term a “Pandession”. We have chosen to minimise needless death at the price of huge economic damage. This economic, social and political destruction is the Pandession” — David McWilliams

 

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The pandemic and its economic impact have had an effect on Social Security’s Trust Funds, and the future course of the pandemic is still uncertain Quote
 

“The pandemic and its economic impact have had an effect on Social Security’s Trust Funds, and the future course of the pandemic is still uncertain” — Kilolo Kijakazi

 

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emergency fund ahead of paying down credit card debt. You must, must, must pay at least the minimum due on every credit card bill Quote
 

“I want to repeat advice I have been giving ever since the pandemic began: I would prefer you put your emergency fund ahead of paying down credit card debt. You must, must, must pay at least the minimum due on every credit card bill” — Suze Orman

 

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How can you witness billionaires accumulate $10,000,000,000,000 in wealth during an economically catastrophic pandemic and not conclude that the system needs to fundamentally change? Quote
 

“How can you witness billionaires accumulate $10,000,000,000,000 in wealth during an economically catastrophic pandemic and not conclude that the system needs to fundamentally change?” — Robert Reich

 

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unconscionable growth in billionaire wealth through the misery of the pandemic is the clearest case I can imagine for the progressive tax reform working its way through Congress Quote
 

“The unconscionable growth in billionaire wealth through the misery of the pandemic is the clearest case I can imagine for the progressive tax reform working its way through Congress” — Frank Clemente

 

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To everyone who is barely hanging onto their homes, who has lost a loved one to COVID-19, who has no way to pay the bills: know that instead of voting to provide relief you desperately need, Senate Republicans today are choosing to hold a hearing to confirm a judge Quote
 

“To everyone who is barely hanging onto their homes, who has lost a loved one to COVID-19, who has no way to pay the bills: know that instead of voting to provide relief you desperately need, Senate Republicans today are choosing to hold a hearing to confirm a judge” — Kamala Harris

 

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small businesses are having an incredibly hard time accessing capital, increase in interest in crowdfunding companies solving that problem Quote
 

“With the coronavirus pandemic causing economic uncertainty, startups and small businesses are having an incredibly hard time accessing capital, so you’re going to see a material increase in interest in crowdfunding companies like StartEngine that are solving that problem” — Kevin O’Leary

 

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Big Pharma company Gilead is charging $3,000 for a coronavirus drug that costs them less than $10 to produce. If that’s not looting, I don’t know what is Quote
 

“Big Pharma company Gilead is charging $3,000 for a coronavirus drug that costs them less than $10 to produce. If that’s not looting, I don’t know what is” — Robert Reich

 

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the drug was developed with a $37.5 million grant from the federal government paid for by the taxpayers. Once again, Big Pharma is set to profit on the taxpayer's dime Quote
 

“As Gilead’s stock price rises on reports of remdesivir, remember that the drug was developed with a $37.5 million grant from the federal government paid for by the taxpayers. Once again, Big Pharma is set to profit on the taxpayer’s dime” — Robert Reich

 

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Capitalism does not work in an 18-month shutdown; capitalism can work in a 30-day shutdown Quote
 

“Capitalism does not work in an 18-month shutdown; capitalism can work in a 30-day shutdown” — Bill Ackman

 

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The question is what does it take for you to get infected [with coronavirus]? And that I think is the trillion-dollar question we have Quote
 

“The question is what does it take for you to get infected [with coronavirus]? And that I think is the trillion-dollar question we have” — Dr. Michael Osterholm

 

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viruses can stay on surfaces in their fully active states for at least 10 days. That includes cash and all kinds of other surfaces that people normally touch, So certainly with the coronavirus, cash handling is a concern Quote
 

“The belief is that these viruses can stay on surfaces in their fully active states for at least 10 days. That includes cash and all kinds of other surfaces that people normally touch, So certainly with the coronavirus, cash handling is a concern” — Dr. Sanjay Maggirwar

 

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It's not impossible that there might be traces of virus on dollar bill, but if you wash your hands it should provide adequate protections — you shouldn't need anything else Quote
 

“It’s not impossible that there might be traces of virus on dollar bill, but if you wash your hands it should provide adequate protections — you shouldn’t need anything else” — Julie Fischer

 

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If you’re asking for when the financial markets see peak virus, I think it’ll be about a month from now Quote
 

“If you’re asking for when the financial markets see peak virus, I think it’ll be about a month from now” — Kyle Bass

 

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No American is going to say how much a life is worth

 
 
Coins will transmit a virus better than cash, but this shouldn't be a huge concern. Basic rule of thumb should be to consider money dirty anyway, because it is. It goes through too many hands not to be Quote
 

“Coins will transmit a virus better than cash, but this shouldn’t be a huge concern. Basic rule of thumb should be to consider money dirty anyway, because it is. It goes through too many hands not to be” — Rachel Graham

 

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Our early money can accelerate things. We’re going to fund factories for all seven, just so that we don’t waste time in serially saying which vaccine works and then building the factory Quote
 

“Our early money can accelerate things. Even though we’ll end up picking at most two of them, we’re going to fund factories for all seven, just so that we don’t waste time in serially saying which vaccine works and then building the factory” — Bill Gates

 

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Viruses know no borders and they don’t care about your ethnicity, the color of your skin or how much money you have in the bank Quote
 

“Viruses know no borders and they don’t care about your ethnicity, the color of your skin or how much money you have in the bank” — Dr. Mike Ryan

 

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If you're going to reopen any part of the economy and you're going to do it you would need to have some robust tech tracing and tracking tools. And those things run afoul of what most of us regard as our privacy rights Quote
 

“This is a very big problem and issue. If you’re going to reopen any part of the economy and you’re going to do it you would need to have some robust tech tracing and tracking tools. And those things run afoul of what most of us regard as our privacy rights” — Andrew Yang

 

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the S&P hit an all-thigh and credit spreads were close to all-time lows, that the coronavirus might be a big problem? Quote
 

“Was it really so hard to see on February 19 … when the S&P hit an all-thigh and credit spreads were close to all-time lows, that the coronavirus might be a big problem?” — Whitney Tilson

 

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Windfall profits for auto insurers and excessive auto insurance premiums should not be another harm visited upon consumers from COVID-19 Quote
 

“Windfall profits for auto insurers and excessive auto insurance premiums should not be another harm visited upon consumers from COVID-19” — Robert Hunter

 

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President Trump should learn that by muzzling science and the truth, it will only prolong this health and economic crisis Quote
 

“President Trump should learn that by muzzling science and the truth, it will only prolong this health and economic crisis” — Sen. Chuck Schumer

 

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the American economy is also highly dependent on consumption - restaurants, local businesses, travel - and in the short term, the only way to rejuice our economy is to spend our way out of it Quote
 

“There is an important strand in American culture that praises personal sacrifice as virtuous and noble, but the American economy is also highly dependent on consumption – restaurants, local businesses, travel – and in the short term, the only way to rejuice our economy is to spend our way out of it” — Lawrence Glickman

 

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No American is going to say, 'accelerate the economy at the cost of human life.' Because no American is going to say how much a life is worth Quote
 

“If you ask the American people to choose between public health and the economy, then it’s no contest. No American is going to say, ‘accelerate the economy at the cost of human life.’ Because no American is going to say how much a life is worth” — Andrew Cuomo

 

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coronavirus' disproportionate impact on adults age 60 and older and low-income families are all contributing to the demands placed on food banks across the country Quote
 

“It’s a crazy time out there in the world. School closures, job disruptions, lack of paid sick leave and the coronavirus’ disproportionate impact on adults age 60 and older and low-income families are all contributing to the demands placed on food banks across the country” — Vanessa Hudgens

 

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administration to halt funding of the World Health Organization while a review is conducted to assess the World Health Organization's role in severely mismanaging and covering up the spread of the coronavirus Quote
 

“I am instructing my administration to halt funding of the World Health Organization while a review is conducted to assess the World Health Organization’s role in severely mismanaging and covering up the spread of the coronavirus” — Donald Trump

 

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I've been saying, 'let's stay in the U.S., spend your money here,' and they're doing that. They're sort of enforced doing that Quote
 

“People are now staying in the United States, spending their money in the U.S., and I like that. I’ve been after that for a long time. I’ve been saying, ‘let’s stay in the U.S., spend your money here,’ and they’re doing that. They’re sort of enforced doing that” — Donald Trump

 

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No American is going to say how much a life is worth

 
 
This is not a financial crisis. This is just a temporary moment of time that we will overcome together as a nation Quote
 

“This is not a financial crisis. This is just a temporary moment of time that we will overcome together as a nation” — Donald Trump

 

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