Best 224 quotes in «banking quotes» category

I take from the poor and give to the rich. They just happen to be the same individuals. Poor and stupid before they learn from me and pay with their time and money, but rich and successful after they do. The truly miserable, however, don't know how poor they are, and I want nothing from them.

In 1987 Senator Jesse Helms, stated "it is no secret that the international bankers profiteer form sovereign state debt. The New York banks have found important profit centers in lending to countries plunged into debt by Socialist regimes. Under Socialist regimes, countries go deeper and deeper into debt because Socialism as an economic system does not work. International bankers are sophisticated enough to understand this phenomenon and they are sophisticated enough to profit from it.

In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist.

Intellectually and compassionately explaining the reason freedom works is required for credibility.

It's good to have a special price to pay for the future and it will pay you in return, in the exact way you would wish to be paid.

I wish life was like banking,' I said. 'I don't mean it's straightforward. Some of it's incredibly complicated. But you can understand it in the end, if you try hard enough. Or there's someone, somewhere, who understands it, even if only afterwards, after it's too late. The trouble with life, it seems to me, is that it can turn out to be too late and you still haven't understood it.

It tugged at his soul not to talk to other writers about his work. He loved the bank, keeping it secure and compliant with the laws and regulations. People assumed these things happened by magic. They did not. Hauer never talked about it outside the office. He didn't want to make the other writers uncomfortable. If he developed a reputation as someone who brought his work with him to writers conferences they would all turn away, to sip and swizzle their drinks without him.

Not even ten additional years of slavery could have done so much to throttle the thrift of the freedmen as the mismanagement and bankruptcy of the series of savings banks chartered by the Nation for their especial aid.

Most of the supposed wealth held by American banks at that point had become so wholly imaginary, so weightless and impalpable, that any amount of it could be transferred instantly to Ecuador, or anyplace else capable of receiving a written message by wire or radio.

Making a product is just an activity, making a profit on a product is the achievement.

Monetary policy does not work like a scalpel but more like a sledgehammer.

Money should be ones demand and not command, one should not become a slave of Money because we made money to help us trade and not to make us, we're already made even without money.

Most of the women are such a bank that receives only but does not give back.

Now I don't know much about finances, but I do know not to trust these smooth-faced wolves in sheep’s clothing. We trust these confidence tricksters because they know best, right? They'll be able to advise us, won't they? Yeah, they know best all right. They throw legal dust in our eyes, always keeping something back and dressing up their untruths with promises and alluring pound-note signs. But all the time they're making a killing out of us. A FUCKING KILLING!

New Golden Rule of Fractional Reserve Banking: He who creates the "fool's gold" controls the fools.

The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s - poor distribution of income, a weak banking structure and insufficient regulations, the economy's dependence on new consumer goods, the over-extension of industry and the Government's blind belief that promoting business interests would make America uniformly prosperous.

O cara trabalha a vida inteira e dá o dinheiro dele para outra pessoa administrar, e essa pessoa ganha uma taxa de administração para tomar conta dele, se ela perder o teu dinheiro, foda-se, a taxa de administração continua ali. Mano, você emprestaria sua esposa para o Kid Bengala comer por um fim de semana e ainda daria 20 mil para ele pelo serviço? Buy side é isso aí, a pessoa comum e mal informada, acha que não percebe de investimentos e acaba botando o seu tão suado dinheiro, na mão de um zé ruela que é socialmente aceite só porque é bem vestido, tem um MBA lá fora e sobrenome estrangeiro.

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.

Setting a goal is like to set your destination point in your life GPS which could take you to your desire position as you dreamed about...

Pick a leader who will make their citizens proud. One who will stir the hearts of the people, so that the sons and daughters of a given nation strive to emulate their leader's greatness. Only then will a nation be truly great, when a leader inspires and produces citizens worthy of becoming future leaders, honorable decision makers and peacemakers. And in these times, a great leader must be extremely brave. Their leadership must be steered only by their conscience, not a bribe.

REJECTION is kind of your negative ILLUSION which has no value but it’s give you a CLUE to go for next level of your ACTION.

Success from the financial and from the prestige point of view . . . is not enough; what matters even more is . . . adherence to high moral and aesthetic standards." — as quoted in "High Financier" by Niall Ferguson

The academic auspices under which we meet this afternoon, prompt me to introduce my remarks with a literary reference. I recall for you a few lines of Shakespeare, from Hamlet where Polonius bids farewell to his son Laertes: "Neither a borrower nor a lender be, For loan oft loses both itself and friend And borrowing dulls the edge of husbandry." This was undoubtedly necessary advice from a father to a son about to leave for France. but it is clear that Polonius was neither a banker nor a Californian. If he had been a banker, he might have commented on the merits of good collateral as compared to the possible loss of a few friends. And if he had been a Californian, caught in the vigor of a growth economy, the idea of not being a borrower would never have occurred to him. Therefore, it should not be surprising that a California banker has come to say something on behalf of debt.

The degree to which you value the currency in your possession; is a reflection of your daily potential good or bad investment choices.

The need for physical spaces dedicated to financial wellbeing are no more in threat of extinction than the need for physical spaces dedicated to physical wellbeing.

The banking institutions, my friends, are sailing under false colours. They are running with the hare and hunting with the hounds. And we should never forget it.

The bank - or the Company - needs - wants -insists - must have - as though the bank or the Company were a monster, with thought and feeling, which had ensnared them... The banks were machines and masters all at the same time... They breathe profits; they eat the interest on money. If they don't get it they die... It is a sad thing, but it is so. It is just so.

The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam. Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral. But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.

The trouble is, nobody knows exactly how the world really works. We are all fallible people with limited knowledge. It is only through Biblical revelation from the One who knows how the world really works because He made it and actively sustains it that anyone can come to a competent understanding of the world.

Your every positive action in your life will increase your self-esteem and this self-esteem will boost you for more positive action to take you on success

the ones who are running the world economy have protected themselves very strongly from market discipline. the neo-liberal system is an attack, in my view, both on the market, and on democracy.

Warren Buffett wird nicht müde zu betonen, dass es an ihm ist, sich selbst die Verwaltung des kleinsten Geldbetrages sehr angelegen sein zu lassen. Und eben darin bekundet sich jenes Verantwortungsbewusstsein, mit dem Staat zu machen ist.

when you become addict in to MATERIAL things in life then the TRUE natural life start to run away from you, YES! it's can give you certain pleasure in the society but in the same time it will sabotage your true HAPPINESS of life which we could have simply with GRATITUDE and FORGIVENESS

Your traditional EDUCATION is not going to CHANGE your life but the life you are experiencing that can change you. Choose a POSITIVE life STYLE with positive ATTITUDE which could bring you a life with HAPPINESS and WISDOM

Your VISION and your self-willingness is the MOST powerful elements to conquer your goal

Adventure is the life of commerce, but caution is the life of banking.

After graduating from college I worked at a variety of jobs, from banking to politics. I enjoyed whatever I was doing at the time but I didn't love my work.

Altough we all realize that monotony is boring, almost every form of industrial work- banking, accounting, mass-producing, service- is monotonous, and most people are paid for simply putting up with monotony

Always stay true to your nature. Anything that you are being hired for in any aspect of life whether it is a banking job, acting directing, whatever it is you have to stay true to who you are because they hired you to do what you do.

A man who is without capital, and who, by prohibitions upon banking, is practically forbidden to hire any, is in a condition elevated but one degree above that of a chattel slave. He may live; but he can live only as the servant of others; compelled to perform such labor, and to perform it at such prices, as they may see fit to dictate.

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

An MBA is a great degree for career paths like investment banking, finance, consulting, and large companies. An MBA is not necessarily the right path for starting a tech company. You should be building a prototype, not getting an MBA in that case.

Von Pein’s family was a little known, but highly influential entity within American banking circles. Banking Royalty, some called it. His grandfather had been one of the chief orchestrators of the Federal Reserve Act of 1913, which effectively took ownership of the bank from the American people.

A people... who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything.

A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.

Are there a lot of designers that matter? The industry hasn’t got a litmus test any more. The whole thing has imploded. Watch it die, like the banking industry

Bankers are just like anybody else, only richer

A tiny portion of the population controls the lions share of the wealth and most of the command positions of state, manufacturing, banking, investment, publishing, higher education, philanthropy, and media... these individuals exercise a preponderant influence over what is passed off as public information and democratic discourse.

Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.

Bankers regard research as most dangerous a thing that makes banking hazardous due to the rapid changes it brings about in industry.