Posts Tagged ‘credit’
Next Page »Lord Byron: Gold Bank Credit
on Monday, July 6, 2020Lord Byron Money Quote saying gold is so much more substantial than paper and credit from banks. Lord Byron said:
“O Gold! I still prefer thee unto paper, which makes bank credit like a bark of vapor” — Lord Byron
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Josiah Stamp: Pay Slavery Cost
on Sunday, June 7, 2020Josiah Stamp Money Quote saying that banks enslave society by controlling their access to and cost of capital. Josiah Stamp said:
“If you want to continue to be slaves of the banks and pay the cost of your own slavery (and enslavement), then let the bankers continue to create money and control credit” — Josiah Stamp
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Whitney Tilson: Virus Problem
on Wednesday, May 6, 2020Whitney Tilson Money Quote saying in his newsletter that his friend Bill Ackman made what was a brilliant trade, betting against the markets due to Covid 19. Whitney Tilson said:
“Was it really so hard to see on February 19, only 37 days ago, when the S&P hit an all-time high and credit spreads were close to all-time lows, that the coronavirus might be a big problem? — Whitney Tilson
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To get a face mask click the image below:
Andrew Tobias: 21% Risk-Free
on Monday, March 30, 2020Andrew Tobias Money Quote saying that eliminating credit card debt is the safest money-making methodology. Andrew Tobias said:
“You want 21 percent risk free? Pay off your credit cards” — Andrew Tobias
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Frank Abagnale Jr: No Debit Card
on Tuesday, February 18, 2020Frank Abagnale Jr Money Quote saying debit cards are riskier than credit cards because someone could access your cash, not the bank’s money. Frank Abagnale Jr said:
“Never, ever use a debit card….. a debit card is certainly and truly the worst financial tool ever given to the American consumer. Why? It’s simple: Every time you use one, you put your money and your bank account at risk” — Frank Abagnale Jr.
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George Washington: Credit Prosper
on Tuesday, January 8, 2019George Washington Money Quote saying in the first State of the Union Address to Congress on January 8, 1790 that we should work out how to pay our debts ($11,000,000 at the time). George Washington said:
“An adequate provision for the support of the public Credit is a matter of high importance to the national honor and prosperity” — George Washington
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The national debt was only at $0 one time in history, beginning January 8, 1835 when President Andrew Jackson was able to keep the debt at zero for about a year.
Anatole France: Cash Poor Refused Credit
on Tuesday, August 28, 2018Anatole France Money Quote saying those in poverty pay for everything in cash only because nobody will grant them credit – not because they are resisting debt. Anatole France said:
“It is only the poor who pay cash, and that not from virtue, but because they are refused credit” — Anatole France
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Orison Swett Marden: Best Capital; Friends
on Thursday, July 19, 2018Orison Swett Marden Money Quote saying we undervalue our friends when comparing friendship to wealth. They help us attain the success we desire. Orison Swett Marden said:
“No young man starting in life could have better capital than plenty of friends. They will strengthen his credit, support him in every great effort, and make him what, unaided, he could never be. Friends of the right sort will help him more — to be happy and successful — than much money” — Orison Swett Marden
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