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.

Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.

The Grameen Bank Ordinance with amendments up to 2008 is a beautiful legal structure for the fulfillment of the ideals and objectives of the bank. Any change in this structure will be devastating for the bank.

Admittedly, 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.

If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.

When you say "bank," a bank is a building, a set of computers and chairs and things. The bankers are the people running these banks. They're the chief officers, and they push the loans because they don't care if they go bad. For one thing, they may package these bad loans and sell them off to gullible institutional investors.

Beliefs constitute the basic stratum, that which lies deepest, in the architecture of our life. By them we live, and by the same token we rarely think of them.... One may symbolize the individual life as a bank of issue. The bank lives on the credit of a gold reserve which is rarely seen, which lies at the bottom of metal coffers hidden in the vaults of the building. The most elementary caution will suggest that from time to time the effective condition of these guaranties--of these credences, one might say, that are the basis of credit--be passed in review.

A bank needs models to measure risk. The problem, however, is that any one bank can measure its risk, but it also has to know what the risk taken by other banks in the system happens to be at any particular moment.

What's breaking into a bank compared with founding a bank?

According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased.

Since Israel would rather re-experience Masada than renounce the core Zionist objective of establishing a Jewish state, the only one-state "solution" on the horizon of realistic possibilities is an Israeli "one state" that fulfills the messianic nationalist ideal embraced by deep Zionism, likely consisting of completing the expansionist process of recent years by incorporating all or most of the West Bank, casting Gaza adrift, consolidating control over Jerusalem, and transferring as many West Bank Palestinians as possible to Jordan.

This is one way that wealthy Americans could really contribute. They could put hundreds of millions of dollars into the infrastructure bank, be a good investment for them, for their children, for their grandchildren, and they would directly contribute to revitalizing a big sector of middle-class wages in America and making our country more productive, so that we could create more opportunity. But I think that we could get a lot of grassroots support from, like, local chambers of commerce and other things if they understood exactly how this infrastructure bank would work.

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.

Seventy-five years ago I was born in Tampico, Illinois, in a little flat above the bank building. We didn't have any other contact with the bank than that.

Fog 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.

When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis.

The real power is not corporate; it is private. They choose not to have a name. It is a dynasty of banking families - Rothschild and Rockefeller being two - that operate chiefly out of London, in the boardrooms out of the city of London and the Bank of England, which they own.

The 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.

The 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.

In 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

There 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.

We have an overdraft with the earth something in excess of 130 per cent. We currently consume something like 30 per cent over and above what we are replacing and rather like an overdraft at a bank that can't go on.

Aristocrats: n. fellows that wear downy hats and clean shirts - guilty of education and suspected of bank accounts.

Far 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.

So 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.

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.

Just got one more than Shaq. You can take that to the bank.

As one California winemaker said, "We release no wine before the bank tells us that its ready."

What 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.

I 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.

You know policy is driven purely in self interest. The Federal Reserve Bank and the commercial banks and the Wall Street banks are not acting in the interests of the population at large, they're acting purely in their own self-interest, which is a shame because they're actions dictate the reality for 300 million Americans. But they don't see it that way, they see it only as a way to preserve their own self-interest.

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.

If I was a gold-digger, I would have a lot of money in my bank account. I'd be worth millions and millions.

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.

Money looks better in the bank than on your feet.

Any general statement is like a check drawn on a bank. Its value depends on what is there to meet it.

the 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.

When contemplating a shield that would protect America for incoming missiles, Democrats suddenly became hardheaded fiscal conservatives. For the first time in recorded history, liberals were concerned about the cost and usefulness of a government program. These people believe federally funded art therapy for the homeless will pay for itself. That you can take to the bank. But a shield to repel incoming nuclear missiles from American soil they said, was too expensive and wouldn't work.

Nature 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.

I swung from one place to the next, sometimes backward, sometimes forward, capitalizing on my own momentum, knowing that at some point my arms—or, more accurately, my quivering bank balance, accessed through foreign ATMs—would give out, and I’d fall to the ground.

Some people want to be bank presidents. Other people want to rob banks.

It'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.

A lot of the Russian economy is built around people who are one way or another milking the state and taking money from the state and recycling it into their private bank accounts. And there are a lot of people who are taking advantage of that, so it's not just one person. It's a kind of web of people doing that, and that's how the system stays in power and how people stay in control.

By using general consumption PPPs, the World Bank is, in effect, saying to the poor: "Sure, you cannot buy as much food as the dollar value we attribute to your income would buy in the United States. But then you can buy much more by way of services than you could buy with this PPP equivalent in the United States." But what consolation is this? The poor do not buy services - they are services, on their luckier days.

This decree is very serious and we will not allow it to pass unopposed. (on Israel offers 10-month West Bank settlement freeze)

Apparently on the screen I look tall, ageless, and damned close to omniscient-delivering jeopardy-laden warnings through gritted teeth. But when people see me on the street, they say 'by God, this kid is 5 foot 5, he's got a broken nose, and looks about as foreboding as a bank teller on a lunch break.'

A 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.

Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.