Quotes About Finance

Finance ministers and central bank governors have the seats at the table, not labor unions or labor ministers. Finance ministers and central bank governors are linked to financial communities in their countries, so they push policies that reflect the viewpoints and interests of the financial community and barely hear the voices of those who are the first victims of dictated policies.

The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation created by their own central banks, and therefore they could not finance a war. A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created.

We take smaller companies and middle-sized companies, all around the world, and we do currency exchange for them; we raise bonds and equities for them; and we do inventory finance, trade finance, and custody of assets.

The plea agreement negotiated by Janet Reno's Justice Department with Nora, Gene and Trisha Lum is a hoax. It allows two key players in the campaign finance scandal to plead to lesser offenses and effectively concludes a serious investigation that, if taken to a conclusion, could have seriously affected the Clinton Administration's claim that it committed no illegalities in the campaign finance scandal. Nora Lum was a close confidant of Ron Brown and remains close to John Huang. Trisha Lum, her daughter, worked for Brown at the Commerce Department and worked on trade missions.

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.

I gladly, I voluntarily gave up the kind of commercial film career I had going as soon as I had enough money to finance my own films. I didn't make that money necessarily from the film business, but I eventually made a lot of money and that's what I do. Of course, I consider myself unbelievably fortunate, and I'm pretty content with my life.

Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth. That's called savings.

We imagined ourselves as the Sons of Liberty with a mission to preserve, protect, and project the revolutionary spirit of rock and roll. We feared that the music which had given us sustenance was in danger of spiritual starvation. We feared it losing its sense of purpose, we feared it falling into fattened hands, we feared it floundering in a mire of spectacle, finance, and vapid technical complexity.

We're richer, but that wealth doesn't reflect durable, authentic economic value - which is hitting fast diminishing returns. The growth that we're pursuing is neither sustainable - nor is it, in many ways, real growth at all. Boardrooms from finance to autos to energy to pharma to fashion have learned that the hard way.

Are there no American citizens sympathizing with whiteguard emigres who conduct propaganda in favor of capitalism, against the Soviets? Then what does the point involve? The point is not to assist these persons, not to finance their activities. The point is that officials of both countries should not interfere in the internal affairs of the other country.

No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.

The fact that China has about seven percent arable land, means that she’s always going to be looking for places that have more arable lands to finance or to provide food stuffs.

I only make movies to finance my fishing.

The risk is that as we come out of this recession, we'll have so much debt to finance, we'll either have to have inflation or very high interest rates to continue to borrow the money, or both. That's a risk.

I have a degree in finance and these things kind of all go beyond me in a sense. I have a degree from a long time ago before computers.

While this is not a part of what Martin Shkreli`s being indicted for, there is sort of the overall picture of somebody who`s milking profits really off of patients who are poor in order to finance what at least what appears to be a lot of debt being built up in other businesses.

I gladly, I voluntarily gave up the kind of commercial film career I had going as soon as I had enough money to finance my own films.

As Michigan's voice on the Senate Finance Committee and Senate Energy and Natural Resources Committee, I will continue working to make sure the next generation of advanced technologies and alternative fuel vehicles are made right here in America.

Deflation is a leakage from this circular flow, to pay banks and the real estate, called the FIRE sector - finance, insurance and real estate. These transfer payments leave less and less of the paycheck to be spent on goods and services, so markets shrink.

The Bush administration, they had two blue ribbon commissions about infrastructure finance that recommended a lot more money, and additionally the gas tax being increased. We couldn't get them to accept being able to move forward. Since President Obama's been in office, there has been, to be charitable, a lack of enthusiasm for raising the gas tax.

The more anxious, isolated and time-deprived we are, the more likely we are to turn to paid personal services. To finance these extra services, we work longer hours. This leaves less time to spend with family, friends and neighbors; we become less likely to call on them for help, and they on us.

Never accept conventional wisdom when it comes to finance. If others keep failing, why do you want to follow them?

In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.

I think there are two basic approaches you can use for campaign finance. One is complete openness, everybody knows absolutely everything, but no limits. But you let people decide.The other is just have a national public system.

The problem of how we finance the welfare state should not obscure a separate issue: if each person thinks he has an inalienable right to welfare, no matter what happens to the world, that's not equity, it's just creating a society where you can't ask anything of people.

If the state, with all of the emotional resources at its command, cannot finance its most basic and vital activities without resort to compulsion, it would seem that large private organizations might also have difficulty in getting the individuals in the groups whose interests they attempt to advance to make the necessary contributions voluntarily.

New York is the city of privilege. Here is the seat of the Invisible Power represented by the allied forces of finance and industry. This Invisible Government is reactionary, sinister, unscrupulous, mercenary, and sordid. It is wanting in national ideals and devoid of conscience... This kind of government must be scourged and destroyed.

I think there were bad actors in the government and bad actors in the finance, mortgage, markets industries that need to be called out and held accountable.

Strangely, producing "Parisienne" was very long and difficult because the people who mainly finance films didn't understand the idea of a young foreign girl having a good time in Paris. They wanted to see her suffering and poor, and definitely not falling in love with three French men!

Last year I was on Pat Robertson's show, and we discussed our basic Christian faith - for instance, separation of church and state. It's contrary to my beliefs to try to exalt Christianity as having some sort of preferential status in the United States. That violates the Constitution. I'm not in favor of mandatory prayer in school or of using public funds to finance religious education.

Unfortunately, money in politics is an insidious thing - and a loophole in our campaign finance system was taken advantage of with money going to existing or new 527 groups with the sole purpose of influencing the election.

The minority has discovered a powerful help in influencing majorities. It has been found possible so to mold the mind of the masses that they will throw their newly gained strength in the desired direction. In the present structure of society, this practice is inevitable. Whatever of social importance is done today, whether in politics, finance, manufacture, agriculture, charity, education, or other fields, must be done with the help of propaganda. Propaganda is the executive arm of the invisible government.

I dont plan on going back to legal work. I wanted an international career, and finance seemed to be where some interesting career opportunities were.

Trump provides a more direct and arrogant persona that produces the ugliness of a society ruled entirely by finance capital and savage market values, one that prides itself on the denigration of others as well as of justice, passion, and equality.

Strengthening the role the United Nations can play...will require serious examination of the need to extend into the international arena the rule of law and the principle of taxation to finance agreed actions which provide the basis for governance at the national level. But this will not come about easily. Resistance to such changes is deeply entrenched. They will come about not through the embrace of full blown world government, but as a careful and pragmatic response to compelling imperatives and the inadequacies of alternatives.

The idea of power as a possession, whose asset can be banked and drawn on when needed, comes easy to a society whose rules grow out of the methods of finance capitalism.

Finance ministers must realize that the health budget can save them money if it's applied well.

That economics and finance are often covered as technical subjects, sort of boring subjects, and either you already know a lot about it and you follow it, or you don't know much about it and you don't want to know.

In 1902 I left the A.E.G. in order to enter finance. I joined the management of one of our big banks, the Berliner Handelsge-Sellschaft, and reorganized a great part of its industrial undertakings. I gained an insight into German and foreign industry, and belonged at that time to nearly a hundred different concerns. To recognize and create a demand is the secret of all sound business.

[May] this civic and social landmark [the Washington, D.C., Jewish Community Center] ... be a constant reminder of the inspiring service that has been rendered to civilization by men and women of the Jewish faith. May [visitors] recall the long array of those who have been eminent in statecraft, in science, in literature, in art, in the professions, in business, in finance, in philanthropy and in the spiritual life of the world.

One of the things that's great about New York is that it is not a one-industry town. It has education, academia, the service industry, arts, publishing, theater, politics, fashion, finance, as well as movie-making.

To finance 'entitlement' programs, the government threatens force against the taxpayers who provide the money. Why are people who favor compulsion called humanitarians, while those who favor freedom are stigmatized as greedy?

Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare.

Of the maxims of orthodox finance none, surely, is more anti-social than the fetish of liquidity, the doctrine of that it is a positive virtue on the part of investment institutions to concentrate their resources upon the holding of 'liquid' securities. It forgets that there is no such thing as liquidity of investment for the community as a whole.

At IBM everybody sells! Every employee has been trained to think that the customer comes first - everybody from the CEO, to the people in finance, to the receptionists, to those who work in manufacturing.

I think the other side of this is in this balance between the social state and the punishing state, remember, the social state has been decimated. And the question becomes, how is finance capital, how does the 1 percent now resort to governing? And they govern basically through a form of lawlessness and what I call the punishing state, in which we've had a punishment creep, and now it moves from the prison to almost every institution in society, from airports to schools to social services.

Business schools tend to focus on topics that are suitable to blackboards, so they overemphasize organization and finance. Until very recently, they virtually ignored manufacturing. I think of lot of the troubles of the 1970s and 1980s, and now more recently the 2000s can be traced pretty directly to the biases of the business schools.