Posts Tagged ‘joseph stiglitz’

Joseph Stiglitz: Bitcoin Money Laundering

Posted by admin on Saturday, February 3, 2018

Joseph Stiglitz Money Quote saying he believes that people want digital currency like Bitcoin only to circumvent the law – so he thinks it will implode without illicit uses. Joseph Stiglitz said:
 
When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin Quote
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“When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin” — Joseph Stiglitz

 

Why do people want Bitcoin? For secrecy, according to the economist Joseph Stiglitz. The world's biggest cryptocurrency should be regulated "out of existence," says the Columbia University professor, seen in @sdawsonphoto's portrait. And it exists only because of abuses to the financial system, he's told us at the World Economic Forum in Davos. There's been intense speculation about whether Bitcoin has peaked. It reached as high as $19,511 before Christmas but is now back down around $11,000. #WallStreet #business #bitcoin #cryptocurrency #crypto #currency #forex #money #finance #invest #investment #economics #rich #wealth #millionaire #billionaire #entrepreneur #entrepreneurs #startup #technology #tech #computer #geek #geeks #quote #quotes #quoteoftheday #powerful #successful

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Joseph Stiglitz: Funds Pockets of Secrecy

Posted by admin on Wednesday, December 28, 2016

Economist Joseph Stiglitz Money Quote saying in the Overcoming the Shadow Economy report on Panama Papers, Joseph Stiglitz believes complete transparency is required worldwide financial markets. Economist Joseph Stiglitz said:

In a globalized world, if there is any pocket of secrecy, funds will flow through that pocket
— Joseph Stiglitz

Joseph Stiglitz: Americans Taxation Burden

Posted by admin on Monday, April 18, 2016

Joseph Stiglitz Money Quote saying working americans are bearing the larger burden of taxes that corporations should be sharing. Joseph Stiglitz said:

Their lobby helped create this law that allows them to escape taxes, pushing the burden of taxation on ordinary Americans
— Joseph Stiglitz

Joseph Stiglitz: Law = No Corporate Taxes

Posted by admin on Monday, April 18, 2016

Joseph Stiglitz Money Quote saying corporate lobby has manipulated the law to allow them to avoid taxes offshore. Joseph Stiglitz said:

The law does permit it – [Large Corporations] use their lobbyists to make sure that the law gives them the scope to avoid taxes. So this argument ‘Oh, we’re only doing what the law allows’ is disingenuous
— Joseph Stiglitz

Joseph Stiglitz: GDP Not Well-Being

Posted by admin on Monday, February 8, 2016

Economist Joseph Stiglitz Money Quotation saying “what we measure informs what we do. And if we’re measuring the wrong thing, we’re going to do the wrong thing.” Joseph Stiglitz said:

GDP is not a good measure of economic performance; it’s not a good measure of well-being
— Joseph Stiglitz

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