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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.
Robert B. AndersonI have always thought and I still think that the Central Bank should act independently. Indeed, it does, you can take my word. I do not interfere in the decisions of the Central Bank and I do not give instructions to the Bank management or to its head.
Vladimir PutinThe federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. The next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill.
H. L. MenckenAdmittedly, 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.
Tom RobbinsCongratulations on your job at the bank! Yes. You work for the bank. After taxes, your largest expense is your mortgage and credit-card debt.
Robert KiyosakiThe director of the institute where I was working apologized about these young, enthusiastic researchers when the World Bank visited because he was afraid the institute would lose the World Bank consultancies.I went back home and started the Research Foundation for Science, Technology, and Ecologyยan extremely elaborate name for the tiny institute that I started in my motherยs cow shed. My parents handed over family resources and said, ยPut them to public purpose.ย Thatยs how I survived.
Vandana ShivaWhat kind of bank gives back 65 percent-often less-of what you deposit? Indeed, when you compare the services of a bank and an insurance company, common sense suggests something is out of whack.
Andrew TobiasThe Central Bank should take into account other things as well: the stability of the bank system in the country, the increase or decrease of money supply in the economy, its influence on inflation.
Vladimir PutinI 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 MitnickOpen the books ... and you will be staggered to see how much American money has been taken from the United States Treasury for the benefit of Russia. Find out what business has been transacted for the State Bank of Soviet Russia, by its correspondent, the Chase Bank of New York [owned by the Rockefellers].
Louis Thomas McFaddenSarah, I want to ask thee a solemn question. Did thee ever one single time have thy Bank book balance and thy own check book balance agree exactly? Do not tell, but I never did. Hannah Whitall Smith, Sarah, I want to ask thee a solemn question. Did thee ever one single time have thy Bank book balance and thy own check book balance agree exactly? Do not tell, but I never did.
Hannah Whitall SmithI was kind of just too lazy to take my money out of the bank until I saw how Citi Bank responded to Occupy Wall Street.
Talib KweliIf 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.
Bernie SandersYou can only afford to be generous if you actually have some money in the bank to give. In the same way, if your only source of love and meaning is your spouse, then anytime he or she fails you, it will not just cause grief but a psychological cataclysm. If, however, you know something of the work of the Spirit in your life, you have enough love "in the bank" to be generous to your spouse even when you are not getting much affection or kindness at the moment.
Timothy KellerThe Japanese are virtuosos. They make just the little accent that makes all the difference. So much there is so beautiful - just a shop window display is a work of art. Just the way they make all kinds of things out of bamboo that are so ingenious. Just the way this little bamboo drain or latch is so beautiful. The masonry around the streams to hold the bank are beautiful - and not all one kind and not just cement.
Jane JacobsThis is what class warfare looks like: The Business Roundtable - representing Goldman Sachs, Bank of America, JP Morgan Chase and others - has called on Congress to raise the eligibility age of Social Security and Medicare to 70, cut Social Security and veterans' COLAs, raise taxes on working families and cut taxes for the largest corporations in America.
Bernie SandersItโs the final word in camouflage. Forget chucking weights around. Peeta should have gone into his private session with the Gamemakers and painted himself into a tree. Or a boulder. Or a muddy bank full of weeds.
Suzanne CollinsDemocracy 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 LevensonWhy do writers, say, give up a job in economics and decide to write poetry? Or, why do they give up a job in a bank and decide to paint, like Krishan Khanna? They want to convey something.
Vikram SethI 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 FordDo you know how the naturalist learns all the secrets of the forest, of plants, of birds, of beasts, of reptiles, of fishes, of the rivers and the sea? When he goes into the woods the birds fly before him and he finds none; when he goes to the river bank, the fish and the reptile swim away and leave him alone. His secret is patience; he sits down, and sits still; he is a statue; he is a log.
Henry David ThoreauIsrael has obviously not liberated the Palestinians in Gaza or the West Bank. We have occupied them, but we have not liberated them.
Amos OzWhen 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 GoldsteinWhen 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.
Roland MรธllerThe 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 Sookie Stackhouse novels were selling well before the TV show, but the TV show led to a lot more exposure and readers. And a lot went on to read my other work. It was a wonderful thing for my bank account.
Charlaine HarrisThe best way to make your spouse and children feel secure is not with big deposits in bank account, but with little deposits of thoughtfulness and affection in the 'love account.'
Zig ZiglarIf 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 GibsonTo 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 AbeI 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.
Joshua HommeThere is no solid satisfaction in any career for a woman like myself. There is no home, no true freedom, no hope, no joy, no expectation for tomorrow, no contentment. I would rather cook a meal for a man and bring him his slippers and feel myself in the protection of his arms than have all the citations and awards and honors I have received worldwide, including the Ribbon of Legion of Honor and my property and my bank accounts. They mean nothing to me. And I am only one among the millions of sad women like myself.
Taylor CaldwellOur commercial bank [JPMorgan] is only in the U.S. We are serving what you call SMEs - small businesses, private companies.
Jamie DimonI swung from one place to the next, sometimes backward, sometimes forward, capitalizing on my own momentum, knowing that at some point my armsโor, more accurately, my quivering bank balance, accessed through foreign ATMsโwould give out, and Iโd fall to the ground.
Amanda LindhoutI 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 WilsonIn 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.
John Maynard KeynesAvoid 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 DunnanEveryone has options. They are a fixed set of predetermined scenarios, points of view, perceived limitations that already reside in your data bank. If you depend on your options to formulate your future, that future will be no more than a rearrangement of your past. Then he says, โPossibilities are completely different. When you ask โwhat is possible?โ you must stretch your imagination out of the confines of the familiar. To live a life beyond the mediocre, ask not โwhat are my options?โ but โWhat is possible?โ
Nicholas LoreMany ideas have been transformed by adding one crucial adjective-women's bank, women's music, women's studies, women's caucus. That adjective did more than change a phrase. It implied a lot of new content: child care, flexible work hours, new standards of creditworthiness, new symbolism, new lyrics.
Gloria SteinemJust as bank tellers need a thorough knowledge of legitimate currency in order to spot counterfeit bills, so Christians need a thorough knowledge of the Bible in order to spot bogus religious teachings. How grounded are you in the Scriptures? How deep are your theological roots? How capable are you of detecting false teachings?
Charles R. SwindollEvery time a bank swoops down to snatch up a home, it should be met with a crowd of jeering, obstructive neighbors. And although this may be point 4.5, how about organizing a mass refusal to pay back student loans?
Barbara EhrenreichPlaying nuts is a game like any other, neither better than tops, nor worse than cards. The game is played in various ways. There are 'holes' and 'bank' and 'caps.' But every game finishes up in the same way. One boy loses, another wins. And, as always, he who wins is a clever fellow, a smart fellow, a good fellow.
Sholom AleichemExperience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.
David Ricardo