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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 DimonIf bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.
Michael Hudson'We really shouldn't look like a church.' I've heard that so much I want to vomit. 'Why?' I ask. 'Do you want your bank to look like a bank? Do you want your doctor's office to look like a doctor's office, or would you prefer your doctor to dress like a clown?'
Charles R. SwindollMoney 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 GreenbergI'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 ElizondoI don't use a debit card. The safest thing is a credit card because you're using the bank's money. If someone accesses your information, they are stealing the bank's money, not yours.
Frank AbagnaleThe 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 KingPart of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get.
Jamie DimonThe thing I would worry a little bit about is Donald Trump owes about $650 million to banks, including the Bank of China. I'm not sure he could stand up so tough to the people who have loaned him money.
Tim KaineFog 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 EhrlichToday, the sun is everywhere, and everything solid is nothing but its own shadow, I know that the real things in life, the things I remember, the things I turn over in my hands, are not houses, bank accounts, prizes or promotions. What I remember is love -- all love -- love of this dirt road, this sunrise, a day by the river, the stranger I met in a cafรฉ. Myself, even, which is the hardest thing of all to love, because love and selfishness are not the same thing. It is easy to be selfish. It is hard to love who I am. No wonder I am surprised if you do.
Jeanette WintersonIt turned out in the long run that Lincoln's credit and the popular confidence that supported it were as valuable both to his creditors and himself as if the sums which stood over his signature had been gold coin in a solvent bank.
John George NicolayOne thing you learned as a Cubs fan: when you bought you ticket, you could bank on seeing the bottom of the ninth.
Joe GaragiolaYou entrust your money to banks, God entrusts His money to you. How would you feel if the bank took your money and used it to play the lottery or gamble with it? So, how does God feel?
Tony EvansWriting 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 should withdraw from all the areas which it won from the Arabs in 1967, and in particular Israel should withdraw completely from the Golan Heights, from south Lebanon and from the West Bank.
Nelson MandelaThe essays in The Great Taos Bank Robbery were my project to win a Master of Arts degree in English when I quit being a newspaper editor and went back to college.
Tony HillermanMy 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 AykroydWhatever you can handle, it's up to you. Pick something where you are going to do it to failure--in other words, where you can hardly do it. That's the key. So many people will just take five pound weights and do something 10 times. What are they getting out of it? Nothing! Say you are going to build up your bank account. If you put in a penny a day, it's going take a long while. It's the same with exercise--the more you put into it the more you take out.
Jack LaLanneThere were colored and white waiting rooms everywhere, from doctor's offices to the bus stations, as people may already know. But there were actually colored windows at the post office in, for example, Pensacola, Florida. And there were white and colored telephone booths in Oklahoma. And there were separate windows where white people and black people would go to get their license plates in Indianola, Mississippi. And there were even separate tellers to make your deposits at the First National Bank in Atlanta.
Isabel WilkersonWhen every piece of furniture and your underwear are taken by the bank, when you lose your house in Florida, in New York, in Amsterdam and L.A., when your wife is dying and your son abandons you, you don't feel very good.
Al GoldsteinDogs 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 first thing that is not obvious to people is global warming is a less-than-1% effect. It's like being shortchanged at the bank by a penny every dollar. Over a long period of time with lots of transactions, that piles up.
Nathan MyhrvoldThe bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.
Andrew JacksonBelts distract the eye from a bloated tummy, a heavy-set upper body and all manner of sins. They can be a superb way to update your wardrobe without breaking the bank, and there's no reason to stop wearing them, ever!
TwiggyIf 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 McCartneyWhat was my great sin? To have revealed the private property of the bank - well if this is being a criminal, then maybe I'm a great criminal.
Jose MujicaSeriously, I donโt care if feminists hunt me down and burn me at the stake, that man crooked his finger at me, Iโd follow him into a bank and rob it at his side.
Kristen AshleyThe entrepreneurs who succeed usually want to make a difference to peopleโs lives, not just their own bank balances.
Richard BransonNature will not let us fret and fume. She does not like our benevolence or our learning much better than she likes our frauds andwars. When we come out of the caucus, or the bank, or the abolition-convention, or the temperance-meeting, or the transcendental club, into the fields and woods, she says to us, "so hot? my little Sir.
Ralph Waldo EmersonI never had to say to myself, 'OK now, I've got to grow up and work for a bank, or go and sell real estate.' I never had to make that kind of break.
Luke WilsonIt's one thing to ask your bank manager for an overdraft to buy 500 begonias for the borders in Haslemere, but quite another to seek financial succour to avail oneself of the 5-2 they're offering on lie de Bourbon for the St Leger.
Jeffrey BernardThe universe is like a giant bank vault lock, where the tumblers are constantly moving and once in a while the tumblers line up and you have to listen for the click. So you must be prepared in that moment to step through the door.
James CameronAvoid greed and fear. These are the investor's Achilles heels. Keeping all your money in the bank earning 3% interest is just as foolish as dumping your entire savings into the market thinking you'll make a quick buck.
Nancy DunnanThe real metric of success isn't the size of your bank account. It's the number of lives in whom you might be able to make a positive difference.
Naveen JainI'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 MawaeThere are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.
William Smith WhiteMoney doesn't mean anything to me. I've made a lot of money, but I want to enjoy life and not stress myself building my bank account. I give lots away and live simply, mostly out of a suitcase in hotels. We all know that good health is much more important.
Keanu ReevesThe fact that there could be an ISIS West Bank, the fact that the Palestinian government in Gaza doesn't even acknowledge Israel's right to exist, the fact of constant terror, delegitimization campaigns in the Palestinian schools, these are all much bigger facts. And for the Barack Obama administration to focus on this one fact, almost, not to the expense, but to diminish some of the others which are much more important, is to cast all the blame on Israel and to take the U.N. policy toward Israel, which has been longstanding, and sort of surrender to it.
David BrooksThe fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan.
Michael HudsonIf you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren BuffettEverybody who works under any system feels confined. It is a natural reaction. You are confined to a certain extent. You are confined if you work in a bank, if you paint. You are confined, in a sense, to your art - the enclosure of your mind. Everybody should break out.
Frank CapraThere is no doubt that the Internet brims with spamming, scamming and identity fraud. Having someone wipe out your hard drive or bank account has never been easier, and the tools for committing electronic mischief on your enemies are cheap and widely accessible.
Evgeny MorozovWhereas students minds used to be the chief concern of colleges and universities, it is now more their bank accounts (more accurately, that of their parents and of the taxpayers). If students happen to learn anything useful while enrolled, that's good, but if not, as long as they've paid their bills, that's not the university's problem.
George LeefI was actually working throughout the worst of the recession. I watched half my team lose their jobs, the hours were longer and the future was uncertain... But I worked with an amazing team and even in the worst times I was proud of the work I did and part I played. A lot people are surprised to hear I still miss the bank sometimes!
Roxanne Emery