Posts Tagged ‘banking’
Next Page »John Kenneth Galbraith: Paper $
on Monday, June 13, 2022John Kenneth Galbraith Money Quote saying commercial and central banking has differing nationalities controlling them. John Kenneth Galbraith said:
“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 the John Kenneth Galbraith Money quote image above on your site:
Short Link to this Quote:
Thomas Jefferson: Banking Armies
on Saturday, March 5, 2022Thomas Jefferson Money Quote saying banks are more dangerous than soldiers spending our money on huge scale. Thomas Jefferson said:
“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 the Thomas Jefferson Money quote image above on your site:
Short Link to this Quote:
John Adams: Abhor Banking System
on Wednesday, October 27, 2021John 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. 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 the John Adams Money quote image above on your site:
Short Link to this Quote:
James Buchan: Suicidal Banking
on Tuesday, May 25, 2021James 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 that at times they cannot redeem without public aid” — James Buchan
Share the James Buchan Money quote image above on your site:
Short Link to this Quote:
Tenbrunsel & Thomas: Insider Trade
on Thursday, April 15, 2021Ann Tenbrunsel and Jordan Thomas Money Quote saying junior investment bankers are willing to commit insider trading if they are sure they won’t be caught. Ann Tenbrunsel and Jordan Thomas said:
“Nearly one third of [investment banking] employees with less than two decades in the industry say they would likely engage in insider trading to make $10 million if there was no chance of being arrested” — Ann Tenbrunsel and Jordan Thomas
Share the Ann Tenbrunsel and Jordan Thomas Money quote image above on your site:
Short Link to this Quote:
Josiah Stamp: Manufacture Money
on Wednesday, April 22, 2020Josiah Stamp Money Quote saying banks create money by loaning money that belongs to others. Josiah Stamp said:
“The modern banking system manufactures money out of nothing” — Josiah Stamp
Share the Josiah Stamp Money quote image above on your site:
Short Link to this Quote:
Henry Ford: Banking Revolution
on Tuesday, November 19, 2019Henry Ford Money Quote saying that if more of the U.S. citizenry understood the way our monetary system worked, they’d revolt within hours. Henry Ford said:
“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning” — Henry Ford
Share the Henry Ford Money quote image above on your site:
Short Link to this Quote:
Margaret Drabble: Capital Collapse
on Wednesday, June 5, 2019Margaret Drabble Money Quote saying there is no doubt that capitalism will collapse and barter will replace profiting. Home vegetable gardens will proliferate. Margaret Drabble said:
“I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest” — Margaret Drabble
Share the Margaret Drabble Money quote image above on your site:
Short Link to this Quote:
