Posts Tagged ‘banking’

Next Page »

Chris Martenson: Debtors Rescued

Posted by admin on Saturday, July 1, 2023

Meaning of Chris Martenson Money Quote: saying Savers must be punished with low interest rates, while debtors must pay high rates so more profitable loans can be offered and creating less savings. Chris Martenson said:

 
Savers have to be punished so debtors can be saved.  Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future.  And why is that important? Because the banking system needs ever more loans in order to survive Quote
 

“Savers have to be punished so debtors can be saved. Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future. And why is that important? Because the banking system needs ever more loans in order to survive” — Chris Martenson

 

Share </> Quote Image

Share the Chris Martenson Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

Hendrith Smith Jr: Transform Banks

Posted by admin on Thursday, June 1, 2023

Meaning of Hendrith Vanlon Smith Jr Money Quote: saying banks are evolving to more modern finance organizations. Hendrith Vanlon Smith Jr said:

 
Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years Quote
 

“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years” — Hendrith Vanlon Smith Jr

 

Share </> Quote Image

Share the Hendrith Vanlon Smith Jr Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

Tim Madden: Banking IS Fraud

Posted by admin on Monday, May 22, 2023

Meaning of Tim Madden Money Quote: saying Banks not simply having some aspects of fraudulent activity, but actually epitomize fraud. Tim Madden said:

 
Banking doesn’t involve fraud, banking IS fraud Quote
 

“Banking doesn’t involve fraud, banking IS fraud” — Tim Madden

 

Share </> Quote Image

Share the Tim Madden Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

Nassim Nicholas Taleb: Cure Greed

Posted by admin on Friday, April 14, 2023

Meaning of Nassim Nicholas Taleb Money Quote: saying it’s naive to believe that experts in finance industry, of greed, banking & Economics. Nassim Nicholas Taleb said:
 
cure greed with money, banking with bankers, economics with economists, and debt crises with debt spending Quote
 

“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending” — Nassim Nicholas Taleb

 

Share </> Quote Image

Share the Nassim Nicholas Taleb Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

John Kenneth Galbraith: Paper $

Posted by admin on Monday, June 13, 2022

John Kenneth Galbraith Money Quote saying commercial and central banking has differing nationalities controlling them. John Kenneth Galbraith said:
 
commercial banking belongs to the Italians and of central banking to the British, that of paper money issued by a government belongs indubitably to the Americans Quote

“If the history of commercial banking belongs to the Italians and of central banking to the British, that of paper money issued by a government belongs indubitably to the Americans” — John Kenneth Galbraith

 

Share </> Quote Image

Share the John Kenneth Galbraith Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

Thomas Jefferson: Banking Armies

Posted by admin on Saturday, March 5, 2022

Thomas Jefferson Money Quote saying banks are more dangerous than soldiers spending our money on huge scale. Thomas Jefferson said:
 
banking establishments are more dangerous than standing armies, the principle of spending money to be paid by name of funding Quote
 

“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” — Thomas Jefferson

 

Share </> Quote Image

Share the Thomas Jefferson Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

John Adams: Abhor Banking System

Posted by admin on Wednesday, October 27, 2021

John Adams Money Quote saying banking is abhorrent when it’s about profit for bankers rather than the public good. John Adams said:
 
Funds and Banks. Funding System was contrived to enrich particular Individuals at the public Expence. Our whole banking System I ever abhorred Quote
 

Funds and Banks. I never approved or was Satisfied with our Funding System. It was founded on no consistent Principle. It was contrived to enrich particular Individuals at the public Expence. Our whole banking System I ever abhored, I continue to abhor, and shall die abhorring” — John Adams

 

Share </> Quote Image

Share the John Adams Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

James Buchan: Suicidal Banking

Posted by admin on Tuesday, May 25, 2021

James Buchan Money Quote saying bankers commit dangerous and self-destructive things that put their depositors at risk. James Buchan said:
 
At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans Quote
 

“At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid” — James Buchan

 

Share </> Quote Image

Share the James Buchan Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

Next Page »
Money Quotes Daily

Money Quotes Daily