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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 FriedmanAs a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."
Jamie DimonImagine you had a bank that each morning credited your account with $1,440 - with one condition: whatever part of the $1,440 you failed to use during the day would be erased from your account, and no balance would be carried over. What would you do? You'd draw out every cent every day and use it to your best advantage. Well, you do have such a bank, and its name is time. Every morning, this bank credits you with 1,440 minutes. And it writes off as forever lost whatever portion you have failed to invest to good purpose.
Ann LandersAt the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
Murray RothbardGrameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves.
Muhammad Yunus[T]he first bad bank loan was no doubt made around the time of the opening of the first bank.
James GrantThe clouds roll on. Silent as sleepwalkers the clouds keep coming from infinity bank behind bank and line after line, and change colors on the earth.
Rolf JacobsenBad karma is the spiritual debt one has accumulated for one's mistakes from all previous lives and this life. It includes killing, harming, taking advantage, cheating, stealing, and more. On Mother Earth, when you buy a house, you take out a mortgage from a bank. This mortgage is your debt to the bank. You pay every month for fifteen, twenty, or thirty years to clear your financial debt. In the spiritual realm, if you have bad karma, you may have to pay for many lifetimes to clear your spiritual debt.
Zhi Gang ShaMonetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.
Lawrence ReedAt least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
Matt TaibbiPrayer is often a temptation to bank on a miracle of God instead of on a moral issue, i.e., it is much easier to ask God to do my work than it is to do it myself. Until we are disciplined properly, we will always be inclined to bank on God's miracles and refuse to do the moral thing ourselves. It is our job, and it will never be done unless we do it.
Oswald ChambersIf you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
John Maynard KeynesI put my money in the bank: I have to think of life after modeling, when I'm not famous any more.
Eva HerzigovaWhen we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage.
Charlie MungerIf you are training properly, you should progress steadily. This doesn't necessarily mean a personal best every time you race ... Each training session should be like putting money in the bank. If your training works, you continue to deposit into your 'strength' account ... Too much training has the opposite effect. Rather than build, it tears down. Your body will tell when you have begun to tip the balance. Just be sure to listen to it.
Grete WaitzYou get addicted to emotions. Our endorphins kick in and it's like a high. On the low end you might love roller coasters. On the high end you might be a bank robber or something.
Bryan CranstonMy parents never had any money. It was cash flow. It flows, and you got your fingers in it for a little while, and it flows away. That's all I know about money. And I don't know, it flows and it's a river, but you can never, ever keep it. As an artist, I can't keep it. But hey, a man who dies with a cent in the bank is a foolish man. So I guess I'm going against the conservators. I'm a spendthrift.
Dan AykroydI had no idea of the size of my bank account as a teen, and I didn't care to know. That was my mom's job, I figured that I would just find out when I turned 18. If you can't trust your mom, then who can you trust?
Anna ChlumskyIn fact every belief is an obstacle. It does not even require your realization, since you are already who you are. But without realization, who you are does not shine forth into this world. It remains in the unmanifested which is, of course, your true home. You are then like an apparently poor person who does not know he has a bank account with $100 million in it and so his wealth remains an unexpressed potential
Eckhart TolleOn one level, going bust didn't bother me. It was the 80s, and there wasn't the stigma about bankruptcy that you might think. My mates weren't bothered. My dad was in business.. he knew that it happened, too. He loaned me the money to bail me out, and I got a loan from the bank to pay him back.
Simon CowellI pulled into the Grand Union parking lot and drove to the end of the mall where the bank was located. I parked at a safe distance from other cars, exited the BMW, and set the alarm. You want me to stay with the car in case someone's riding around with a bomb in his backseat looking for a place to put it?" Lula asked. Not necessary. Ranger says the car has sensors." Ranger give you a car with bomb sensors? The head of the CIA don't even have a car with bomb sensors. I hear they give him a stick with a mirror on the end of it.
Janet EvanovichWhen running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year.
Mitchell Zuckoff[The Weather Channel] is the most watched cable channel in America. I'll repeat that. It is the most watched cable channel in America. They were worried about the terrorists immobilizing us, and a portion of our countrymen watch weather. 'Kay, you don't get any more immobile than that... unless you're in a goddamn coma. That means you're saying, "I'd go to the window, but it's too far." If you want to know what the weather is you go to a window and stick your hand out and if you want to know what the temperature is you drive by a bank.
Lewis BlackThe law courts must appear as a threatening gesture toward secret vice. The bank must declare: here your money is secure and well looked after by honest people.
Adolf LoosA being who, as I grew older, lost imagination, emotion, a type of intelligence, a way of feeling things - all that which, while it made me sorry, did not horrify me. But what am I experiencing when I read myself as if I were someone else? On which bank am I standing if I see myself in the depths?
Fernando PessoaFar be it from me to suggest that geologists should be reckless in their drafts upon the bank of Time; but nothing whatever is gained, and very much is lost, by persistent niggardliness in this direction.
Charles LapworthMy experience working in the Grameen Bank has given me faith; an unshakable faith in the creativity of human beings. It leads me to believe that humans are not born to suffer the misery of hunger and poverty. They suffer now as they did in the past because we turn our heads away from this issue.
Muhammad YunusDogs are great teachers. They are at home in the world. They live in the moment, and they force us to stay there with them. Dogs love us unconditionally, not for our bodies or bank accounts.
Susan CheeverBetween labor and play stands work. A man is a worker if he is personally interested in the job which society pays him to do; whatfrom the point of view of society is necessary labor is from his point of view voluntary play. Whether a job is to be classified as labor or work depends, not on the job itself, but on the tastes of the individual who undertakes it. The difference does not, for example, coincide with the difference between a manual and a mental job; a gardener or a cobbler may be a worker, a bank clerk a laborer.
W. H. AudenBy happy chance we saw A twofold image: on a grassy bank A snow-white ram, and in the crystal flood Another and the same!
William WordsworthIf 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 GibsonIf you want to take the meaning of the word integrity and reduce it to its simplest terms, you'd conclude that a man of integrity is a promise keeper. When he gives you his word. You can take it to the bank. His word is good.
Bill McCartneyTM in the a.m. and the p.m....20 minutes in the bank, all day in the market place.
Maharishi Mahesh YogiI guided my heap into the heart of Capitol Hill wondering for the first time in fourteen years what I could do to get money besides drive cabs or rob banks. Both occupations had their pros and cons. For instance, bank robbery isn't quite as dangerous as cab driving, but it pays better.
Gary ReillyFrom the time I took office as Chancellor of the Exchequer, I began to learn that the State held, in the face of the Bank and the City, an essentially false position as to finance. The Government itself was not to be a substantive power, but was to leave the Money Power supreme and unquestioned.
William E. GladstoneI believe that Christians believe in salvation by grace through faith in Jesus Christ, not by works. And we believe that if you're saved, Jesus becomes your savior. He makes a promise to you. You can trust his promises. You can bank on that word.
Robert H. SchullerI understand politicos gotta make bank. But cloistering with the Hollywood elite is not how you prove you're a man of the people.
John RidleyIt was Indian summer, a bluebird sort of day as we call it in the north, warm and sunny, without a breath of wind; the water was sky-blue, the shores a bank of solid gold.
Sigurd F. OlsonProcrastination is illogical from every viewpoint. It is like the man who wanted to cross the stream, so he sat on the bank to wait for all the water to run by.
Vernon HowardA writer writes for writers, a non-writer writes for his next-door neighbor or for the manager of the local bank branch, and he fears (often mistakenly) that they would not understand or, in any case, would not forgive his boldness.
Umberto EcoWhether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.
David Ricardo