Paul Volcker: Banks Invent ATM

Paul Volcker Money Quote saying Banks haven’t created anything innovative for decades. Paul Volcker said:
 

 

“The only thing useful banks have invented in 20 years is the ATM” — Paul Volcker

In this quote, Paul Volcker is criticizing the lack of meaningful innovation in the banking industry over a 20 year period. By stating that the only useful invention has been the ATM machine, he is implying that banks have focused more on automation and convenience rather than transformative new products or services that substantially improve people’s lives.

The overall interpretation is that Volcker believes banks could and should have made greater strides in technological and service advancements beyond just cash machines, if they wished to truly benefit customers and society over the long term.

Jarod Kintz: Currency of Kindness ATM

Jarod Kintz Money Quotation saying there are no Automated Teller Machines that dispense kindness because it is not accepted at gentlemen’s clubs. Jarod Kintz said:
 

 

“My currency is kindness, and while there are no ATMs that dispense it, it’s also not accepted or recognized at strip clubs” — Jarod Kintz

Taking the Jarod Kintz quote humorously by focusing on the mental image of someone attempting to use “kindness” as a literal currency, going to a strip club and trying to “pay” nude dancers with compliments, smiles or acts of service rather than dollars.

The quote plays with the notion of kindness as an unconventional alternative to money in a world where money is deeply ingrained as the standard medium of exchange.

By using kindness in certain contexts like strip clubs, the quote invites humor at flipping our expectations of what constitutes “currency”.

Bill Janklow on Paying ATM’s for Money

Bill Janklow Money Quote saying it’s amazing that we are willing to give banks money for access to our own money from ATM’s. Bill Janklow said:
 

 
Folks can’t carry around money in their pocket. They’ve got to go to an ATM machine, and they’ve got to pay a few dollars to get their own dollars out of the machine. Who ever thought you’d pay cash to get cash? That’s where we’ve gotten to – Bill Janklow
 

In this quote, Bill Janklow is criticizing the practice of charging fees to withdraw one’s own money from ATM machines. He points out the irony that people now have to “pay cash to get cash” through fees imposed by banks and ATMs.

The quote suggests this development was an unforeseen and unfavorable consequence of society’s transition away from primarily using physical money to more digital and card-based forms of currency exchange.

Janklow appears to believe people should be able to easily access their own funds without additional costs, and sees ATM fees as an unfair barrier between individuals and their money.

Birthday: September 13, 1939 – Death: January 12, 2012

Jerry Seinfeld on Personal Space & Pants

Funny Money Quotes: People require extra personal space near any valuables they carry in their pants. Jerry Seinfeld said:
 

 

“ATMs and urinals–whenever someone’s taking something valuable out of their pants … give them as much room as possible” — Jerry Seinfeld

In this humorous quote, Jerry Seinfeld is drawing a comparison between using an ATM machine and using a urinal in a public restroom.

He suggests that in both cases, when a person is accessing something valuable from their pants, others should give them as much space and privacy as possible.

Seinfeld’s joke implies that withdrawing cash from an ATM is akin to using the restroom, so people waiting should stand back and not crowd the person performing the private task.

The quote is meant to get a laugh by linking the act of taking money from one’s pants to the act of relieving oneself, while also making a point about etiquette and allowing others adequate room in confined public spaces.