deposits

Posted by admin on Tuesday, June 19, 2018

something placed for safekeeping: such as a : money deposited in a bank making a deposit or a withdrawal a deposit of $3,000 b : money given as a pledge or down payment put down a deposit on a new house

Hugh McCulloch: Manipulation Banker
Hugh McCulloch Comptroller of the Currency in 1863 saying Manipulating money doesn't make a financier a banker, those who do are unlikely to be useful
Warren Buffett: Banking Good Unless Dumb
Warren Buffett Money Quote saying about Wells Fargo that all a bank must do is avoid doing dumb things in order to be profitable - Wells Fargo went way dumb
Loris Gallina: Invest Savings in Trust?
Loris Gallina Money Quote saying we trust in professionals to give us valuable advice, but the banks have failed us as financial advisors
Aaron Lasher: Monetize Cryptocurrency
Aaron Lasher Money Quote saying in response to Chase CEO, Jamie Dimon that Bitcoin and cryptocurrency threatens profits of banks
Irving Fisher: Loan Transactions
Irving Fisher Money Quotation tells us that the money in circulation is controlled by banks that don't actually have possession of that money.

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