Quotes About Bank

Then 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.

When a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take this money from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower.

I think there is this thing where people are impressed - it gives you a leg up in the sense that people won't treat you like a run-of-the-mill actress. They'll assign "smart" to your word bank, your adjective bank.

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.

When I talk about an "empathy bank," I don't mean literally opening up a bank and putting in deposits. What I mean is that the more we can, as individuals and as members of a community, empathize with, understand the pain and uncertainty economic crisis causes other people, the more we lay the groundwork for political change.

The 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.

In the past when money was given from government to government, there was no accountability, especially the World Bank loans. Nobody was held accountable for the misuse of World Bank loans. That is why it is important to channel some of the money through civil society groups.

When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power.

It is easier to rob by setting up a bank than by holding up a bank clerk.

I'm gonna take you to the bank, Senator Trent. To the blood bank!

Grameen 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.

The 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.

I want to say something, and it may sound harsh, not to you, but to the American people. In a sense, in my view, the business model of Wall Street is fraud. It's fraud. I believe that corruption is rampant, and the fact that major bank after major bank has reached multi billion dollar settlements with the United States government when we have a weak regulator system tells me that not only did we have to bail them out once, if we don't start breaking them up, we're going to have to bail them out again, and I do not want to see that happen.

If you want to talk further about a relationship with Russia, look no further than the Clintons. As we've said time and time again, Bill Clinton was paid half a million dollars to give a speech to a Russian bank, and was personally thanked by Putin for it. Hillary Clinton allowed one-fifth of America's uranium to - reserve to be sold to a Russian firm whose investors were Clinton Foundation donors. And the Clinton campaign chairman's brother lobbied against sanctions on Russia's largest bank and failed to report it. If you want to talk about having relations, look no further than there.

If 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.

I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.

Part 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.

If you owe the bank $10,000 you have a problem. If you owe the bank $10,000,000 they have a problem. After all is said and done, more is said than done. Government does not solve problems; it subsidizes them.

The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament.

You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.

Quantitative easing is just the latest chapter in the Federal Reserve’s hundred-year history of failure. (...) The American people have suffered long enough under a monetary policy controlled by an unaccountable, secretive central bank. It is time to finally audit - and then end - the Fed.

I 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.

I am aware that my name has been connected with all the bank robberies in the country; but positively I had nothing to do with any one of them. I look upon my life since the war as a blank, and will never say anything to make it appear otherwise.

Israel has obviously not liberated the Palestinians in Gaza or the West Bank. We have occupied them, but we have not liberated them.

They 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?

What, did you think," she asked, laughing as he struggled up the bank, "that I, a Gaulish maiden, could not swim?" "I did not think anything about it," Malchus said; "I saw you pushed in and followed without thinking at all." Although they imperfectly understood each other's words the meaning was clear; the girl put her hand on his shoulder and looked frankly up in his face. "I thank you," she said, "just the same as if you had saved my life. You meant to do so, and it was very good of you, a great chief of this army, to hazard your life for a Gaulish maiden. Clotilde will never forget.

We have an economy that tells us it is cheaper to destroy earth in real time rather than renew, restore, and sustain it. You can print money to bail out a bank but you can't print life to bail out a planet.

You always try to work for your audience, to entertain them, but that being said, obviously, within the studio system you feel the sense of responsibility to the bank.

A 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?

When you talk with your mother you are one person; when you go to the bank or you're with your girlfriend you are another person, and that's the way I act. Then for me, it's important that I trust a director and as soon as I do, as soon as I feel comfortable with him, then I pull something out of myself that I didn't even know I had inside of me. That's what I like about this job.

Today 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.

Increasingly, 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.

Experience burned into me the conviction that access to education ought to be based on how much you are willing to learn and how hard you are willing to work, not on how many dollars your family has in their bank account.

Any 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.

To 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.

I don't know of any other form of life that gathers up all the food it needs in the first two-thirds of its life in order to do nothing in its last third of life. In a utopian presentist society, instead of working extra hard to put money in the bank, you'd be working to provide value for the people around you.

I break my back for music because it's something that I love, but I'm not going to break my back for a bank. I wouldn't want to be an ATM repairman; there are some things that just aren't worth it.

Any bank that is too big to fail is too big. Period.

Being a [bank] director is like being a pilot of an aircraft - it's years of boredom and seconds of terror.

I 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.

The friendship of the bad is like the shade of some precipitous bank with crumbling sides, which, falling, buries him who is beneath.

Barclays Bank in England purchased bankrupt Lehman Brothers Tuesday along with its Manhattan tower, saving nine thousand jobs. It's humiliating. The United States of America is 232 years old and we're having to go to mom for money.

Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you're done.

The slave labors, but with no cheer - it is not the road to respectability, it will honor him with no citizens' trust, it brings no bread to his family, no grain to his garner, no leisure in after-days, no books or papers to his children. It opens no school-house door, builds no church, rears for him no factory, lays no keel, fills no bank, earns no acres. With sweat and toil and ignorance he consumes his life, to pour the earnings into channels from which he does no drink, into hands that never honor him. But perpetually rob and often torment.

In truth, the gold standard is already a barbarous relic. All of us, from the Governor of the Bank of England downwards, are now primarily interested in preserving the stability of business, prices, and employment, and are not likely, when the choice is forced on us, deliberately to sacrifice these to outworn dogma, which had its value once, of 3 pounds, 17 shill ings, 10 1/2 pence per ounce. Advocates of the ancient standard do not observe how remote it now is from the spirit and the requirements of the age. A regulated nonmetallic standard has slipped in unnoticed. It exists.

I 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.

Coming from having absolutely nothing to having a few grand in the bank, it was a big culture leap. I think that's why I went off the rails a bit really, 'cause there was no training for it. They didn't do fame in schools.

I don't have 'five' you can borrow. My piggy bank is officially anorexic.