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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 FriedmanWhat's the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it's wringing its hands and saying, "Oh the speculators are killing us." But it's Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.
Michael HudsonI trust online banking. You know why? Because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? The bank, not me.
Kevin MitnickThese days I mostly worry โbout my bank account/I ainโt backinโ out โtil I own a bank to brag about.
Himanshu SuriI'm a parent, especially when you've had the intense parenting the way I had. It's all in the bank. It's all in the great experience bank. Those are your secrets. That's the stuff that makes your work rich, that's what you dip into.
Hector ElizondoAfter I began to make some money, my brain-damaged accountant put me in one business after another that went bad. The only one that panned out was a small bank, an old Scottish firm with London offices in Pall Mall. I was a director. We sold out to a larger bank. That was the only successful venture I've had, apart from acting.
Sean ConneryMoney 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 LietaerThe tax incentives are things the music business can emulate. If I own Yesterday by the Beatles and I go to a bank and try to borrow $10,000 and use that song as collateral, they wouldn't know what to do. They would run me out of the bank. Whereas if we get specialized people who know how to appraise the value of intellectual property like songs, catalogs and master recordings, they know how to put some type of value on it. They have this in Nashville and Los Angeles. New Orleans is just starting to get it.
Chris Thomas KingIf your bank took bailout money, take your money out of that bank and put it in a credit union. Credit unions are owned by the people who have their money in the credit union.
Michael MooreWe didn't win the Cold War, we were just a big bank that bankrupted a smaller bank because we had an arms race that wiped the Russians out.
Norman MailerWhile the river of life glides along smoothly, it remains the same river; only the landscape on either bank seems to change.
Max MullerIt really is easy to forget the unpleasant if we simply refuse to recall it. Withdraw only positive thoughts from your memory bank. Let the others fade away. And your confidence, that feeling of being on top of the world, will zoom up-ward. You take a big step forward toward conquering your fear when you refuse to remember negative, self-deprecating thoughts.
David J. SchwartzFog rolled in like a form of sorrow. To live exiled from a place you have known intimately is to experience sensory deprivation. A wide-awake coma. ... The sea was a memory bank into which everything fell and was lost. I dove in but came out empty-handed.
Gretel EhrlichI don't have much of an imagination, but I have a mind bank of details, which I play with. It's how I daydream, so writing like that is natural for me.
Sefi AttaDemocracy means doing whatever you want without asking permission of anybody but your boss, your doctor, your lawyer, your landlord, your bank, your city, your state and federal authorities, and your wife and children.
Sam LevensonThe IMF and the World Bank, the most opaque and secretive entities, put millions into NGOs who fight against "corruption" and for "transparency." They want the Rule of Law - as long as they make the laws. They want transparency in order to standardise a situation, so that global capital can flow without any impediment.
Arundhati RoyYou 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 CranstonI think that much of the advice given to young men about saving money is wrong. I never saved a cent until I was forty years old. I invested in myself - in study, in mastering my tools, in preparation. Many a man who is putting a few dollars a week into the bank would do much better to put it into himself.
Henry FordA friend of mine, now retired, was then a major exec at a major bank, and one of her jobs, the last four years, was the farewell interview.
Donald E. WestlakeThey say Yogi Berra is funny. Well, he has a lovely wife and family, a beautiful home, money in the bank, and he plays golf with millionaires. What's funny about that?
Casey StengelGrowth at an exceptional rate is a red flag in banking. It is hard enough to manage an ordinary bank; to control a sprouting weed is well-nigh impossible. If loans are expanding too quickly, the lending officers have probably been saying 'yes' too frequently.
James GrantThe amount of money that a person has in his bank account is not determined by his starting capital but by his knowledge about money and his ability to manage it properly.
Sunday AdelajaIt is better that a man should tyrannize over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.
John Maynard KeynesI protest that we fans are being emotionally starved and frustrated by long periods of perfect performance of these batteries. More over, when there are nothing but strikes and balls going on, you relapse into your worries over the Bank of England, or something else.
Herbert HooverDogs remember every favor you ever do for them and store those events in a memory bank titled Why My Human Is A God.
Roger EbertThe relation of eugenics to British psychiatry bears examination. The primary controlling body for psychiatry in England is the British National Association for Mental Health (NAMH), formed in 1944, and initially run by the mentally unstable Montagu Norman, previously of the Bank of England. The group originally met at Norman's London home, where he and Nazi Economics Minister Hjalmar Schacht had met in the 1930s to arrange financing for Hitler.
Jim KeithToday there are a lot places where people say they're just hopeless. If I can come from a hopeless country, get an education, become a hyphenated American and become president of the World Bank, it's my moral duty to make sure that every single person on the planet has that opportunity.
Jim Yong KimAny move by Israel to end the conflict with the Palestinians by unilateral moves - such as annexing the West Bank, delinking Gaza and declaring that there be no further diplomatic process - will lead to strong regional and global reactions, as well as intensify efforts at the UN and in civil society to brand Israel as an outlaw state dangerous to regional and world peace and guilty of criminal behavior.
Richard A. FalkSure 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 CastellucciThe mind is like a river. The thoughts are like the various droplets of water. We are submerged in that water. Stay on the bank and watch your mind.
A. G. MohanTo protect people's lives and keep our children safe, we must implement public-works spending and do so proudly. If possible, I'd like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost. That would also forcefully circulate money in the market. That would be positive for the economy, too.
Shinzo AbeThe Mole was bewitched, entranced, fascinated. By the side of the river he trotted as one trots, when very small, by the side of a man who holds one spellbound by exciting stories; and when tired at last, he sat on the bank, while the river still chattered on to him, a babbling procession of the best stories in the world, sent from the heart of the earth to be told at last to the insatiable sea.
Kenneth Grahame[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 BuffettAny general statement is like a check drawn on a bank. Its value depends on what is there to meet it.
Ezra Poundthe Federal Reserve, has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... The European central bank has only the first. It has no commitment to keep employment up.
Noam ChomskyBerlin is still a very edgy place, a very cosmopolitan place. It's a place where completely different ideas and cultures come together and clash in a very warm way. In a very warm-hearted way. It's a very young city. It's a vibrant city. It's an exciting city. It's a city that's also scarred by history. I think that's to be celebrated and graffiti is to be celebrated. Graffiti in Berlin is very different than when they spray something on the wall dividing the west bank and Israel. And should be treated as such in Berlin.
Ian BremmerBeing a [bank] director is like being a pilot of an aircraft - it's years of boredom and seconds of terror.
Moira JohnstonBe 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 helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.
Smedley ButlerIf you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.
William J. ClintonMobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies
Ngozi Okonjo-IwealaIt is astonishing how articulate one can become when alone and raving at a radio. Arguments and counter arguments, rhetoric and bombast flow from one's lips like scurf from the hair of a bank manager.
Stephen FryPeople tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.
Michael Hudson