Popular quotes about Bank! Wisdom and inspiration are here! | page 106
The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange rate, abolish your central bank and adopt a currency board instead. Either extreme; a fixed exchange rate through a currency board, but no central bank, or a central bank plus truly floating exchange rates; either of those is a tenable arrangement. But a pegged exchange rate with a central bank is a recipe for trouble.
Milton FriedmanChoicelessness brings you to the whole. Choice is always of the part, necessarily so. And then one person goes from one choice to another, becomes a driftwood - from this bank to another bank, from that bank to this bank. This is how you have been moving, down the ages, for so many lives
RajneeshAnd so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.
James ChanosThen came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits...did not need to be left idly in the bank. They could be lent. The bank then got interest. The borrower then had a deposit that he could spend. But the original deposit still stood to the credit of the original depositor. That too could be spent. Money, spendable money, had been created. Let no one rub his or her eyes. It's still being done-every day. The creation of money by a bank is as simple as this, so simple, I've often said, that the mind is slightly repelled.
John Kenneth GalbraithWhat we've done last night is what I call pushing back the risks..If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself? If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.
Jeroen DijsselbloemAdmittedly, having a bit of disposable cash in the bank can give you a sense of Buddhistic calm, and despite the fallacy involved, that's probably preferable to the bonafide adventure of robbing a bank. A better alternative, however, is to learn to be at peace even when common sense (a highly overrated virtue) would lead you to believe that someone in your situation ought to feel threatened and insecure.
Tom RobbinsThe Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931 at the latest had it not been that the Federal Reserve followed a policy which led to bank failures, widespread bank failures, and led to a reduction in the quantity of money.
Milton FriedmanFor society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate of the Bank of Canada was to maintain a delicate balance between encouraging growth and fighting inflation, the Bank opted to focus exclusively on fighting inflation. In doing so it came down heavily in favour of those with financial assets to protect, and against those whose primary need was employment.
Linda McQuaigMoney in the hand is real - coins and bills. The rest I don't believe in, and I don't think I ever did, really. What's a check, after all, but a promise - mine, the bank's. Me, I know, but the bank?
Joanne GreenbergA self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see theself, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.
Josiah RoyceFrom the U.S. point of view, negotiations are, in effect, a way for Israel to continue its policies of systematically taking over whatever it wants in the West Bank, maintaining the brutal siege on Gaza, separating Gaza from the West Bank and, of course, occupying the Syrian Golan heights, all with full U.S. support.
Noam ChomskyMoney is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bernard LietaerIf all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.
Robert W. HemphillI'm not a very good financing person. I don't even know how much money I have in my bank account. I never have opened one single envelope from the bank - they freak me out.
Marjane SatrapiFigures dark beneath their loads pass down the far bank of the river, rendered immortal by the streak of sunset upon their shoulders
Peter MatthiessenMy pipe business I created from scratch; my media assets and bank I bought from the secondary market.
Victor PinchukWriting a novel is one of those modern rites of passage, I think, that lead us from an innocent world of contentment, drunkenness, and good humor, to a state of chronic edginess and the perpetual scanning of bank statements.
J. G. BallardIsrael is so tiny. It's, you know, a little less than the length of Manhattan, without the West Bank, without Judea and Samaria.
Benjamin NetanyahuDo you know how the naturalist learns all the secrets of the forest, of plants, of birds, of beasts, of reptiles, of fishes, of the rivers and the sea? When he goes into the woods the birds fly before him and he finds none; when he goes to the river bank, the fish and the reptile swim away and leave him alone. His secret is patience; he sits down, and sits still; he is a statue; he is a log.
Henry David ThoreauI would never commit the positively anti-social action of robbing a bank, or worse still, working in one.
Gilbert K. ChestertonAnytime four New Yorkers get into a cab together without arguing, a bank robbery has just taken place.
Johnny CarsonExcept for the con men borrowing money they shouldn't get and the widows who have to visit with the handsome young men in the trust department, no sane person ever enjoyed visiting a bank.
Martin MayerIf you cannot work on the marriage or the women is a moron, staying married and cheating makes the most sense because divorce is disruptive to the family life and your bank account.
Al GoldsteinI went to the bank and reviewed my savings, I found out I have all the money I'll ever need. If I die tomorrow.
Henny YoungmanAristocrats: n. fellows that wear downy hats and clean shirts - guilty of education and suspected of bank accounts.
Ambrose BierceSo I didn't adopt Homer because he was cute and little and sweet, or because he was helpless and needed me. I adopted him because when you think you see something so fundamentally worthwhile in someone else, you don't look for the reasons - like bad timing or a negative bank balance - that might keep it out of your life. You commit to being strong enough to build your life around it, no matter what. In doing so, you begin to become the thing you admire.
Gwen CooperIncreasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.
James ChanosSure we girls can wear pants now, and vote, and go to college, have a bank account, get a job that is not just stewardess or nurse. But we still have to deal with micro-aggressions and daily sexism. We are still fighting for word over our own bodies. We still get the short shrift on equal pay. We're still not represented in media or the arts with total parity. Not on screen or on the page or behind the scenes. It's still not easy. There is still this constant low-grade fight to be seen and taken seriously when you are a girl and when you become a woman. It totally sucks.
Cecil CastellucciIf I were in severely straitened socio-economic circumstances and had to move to the U.S., I'd probably opt for Athens, GA, or Lawrence, KS. As boho guys usually do, live cheap in the Left Bank of Kansas.
William GibsonJust between you and me, shouldnโt the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... Iโve always though that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City.
Lawrence SummersWhy, man of idleness, labor has rocked you in the cradle, and nourished your pampered life; without it, the woven silk and the wool upon your bank would be in the shepherd's fold. For the meanest thing that ministers to human want, save the air of heaven, man is indebted to toil; and even the air, in God's wise ordination, is breathed with labor.
Edwin Hubbel Chapin[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.
Warren BuffettSome ISPs are blocking all BitTorrent traffic, because BitTorrent can be used to share files in a piratical way. Hollywood lobbying groups are trying to pass laws which would force ISPs to block or degrade BitTorrent traffic, too. Personally, I think this is like closing down freeways because a bank robber could use them to get away.
Wil WheatonWe go to church buildings that still have a mortgage. Which means the bank owns God's house. Which means that we go and make love to God in a house that Satan owns!
Eddie LongGet your pockets dug from all your chemical bank ends caught him at the red light - on Putman Avenue and Franklin
GZAThe offing was barred by a black bank of clouds, and the tranquil water-way leading to the uttermost ends of the earth flowed somber under an overcast sky--seemed to lead into the heart of an immense darkness.
Joseph ConradIn a very real way, the poor are our teachers. They show us that peopleโs value is not measured by their possessions or how much money they have in the bank. A poor person, a person lacking material possessions, always maintains his or her dignity. The poor can teach us much about humility and trust in God.
Pope FrancisBe nobody's darling; Be an outcast. Take the contradictions Of your life And wrap around You like a shawl, To parry stones To keep you warm. Watch the people succumb To madness With ample cheer; Let them look askance at you And you askance reply. Be an outcast; Be pleased to walk alone (Uncool) Or line the crowded River beds With other impetuous Fools. Make a merry gathering On the bank Where thousands perished For brave hurt words They said. Be nobody's darling; Be an outcast. Qualified to live Among your dead.
Alice WalkerI've been here for eight years and I'm going into my 13th season. There's nothing I'd have liked better than to retire as a Jet. But the reality is, they released me. My goal now is not to break the bank. I did that twice already with my original contract and a restructuring. It's about winning a championship, and from this point forward, I'm going to go to the team that gives me the best chance to win a Super Bowl.
Kevin MawaeIn 88 poor countries for which we have data, in each and every one of the 88, the PPP for food shows that poor people can buy less food than you would expect from the PPP that the World Bank is using. The reason for this is obvious on reflection. It has to do with the fact that most foodstuffs are tradable commodities: basic foodstuffs, such as rice, flour and beans, can easily be conveyed across national borders and their prices will therefore roughly mirror the exchange rates among currencies.
Thomas PoggeThe World Trade Organization, The World Bank, The International Monetary Fund and other financial institutions virtually write economic policy and parliamentary legislation. With a deadly combination of arrogance and ruthlessness, they take their sledgehammers to fragile, interdependent, historically complex societies and devastate them, all under the fluttering banner of 'reform'.
Arundhati RoyYou have got me walking up and down all day under those trees, saying to me over and over again, "Solitude, solitude." And You have turned around and thrown the world in my lap. You have told me, "Leave all things and follow me," and then You have tied half of New York to my foot like a ball and chain. You have got me kneeling behind that pillar with my mind making a noise like a bank. Is that contemplation?
Thomas Merton