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A government cannot be expected to allow independence to its central bank unless that bank is also accountable to it and to the wider public. That is, the central bank must be able to be judged on whether or not it has achieved its agreed objective.
Ian MacfarlaneNothing 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.
Bernard BaruchWe have all the cards. Because we're like the piggy bank that everybody keeps stealing from. But pretty soon we're not going to be piggy bank anymore. We're going to be the opposite of the piggy bank.
Donald TrumpEven the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.
Traian BasescuIn 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.
George W. BushFor society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate of the Bank of Canada was to maintain a delicate balance between encouraging growth and fighting inflation, the Bank opted to focus exclusively on fighting inflation. In doing so it came down heavily in favour of those with financial assets to protect, and against those whose primary need was employment.
Linda McQuaigThe Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.
Louis Thomas McFaddenTo a bystander like me, those who made 190 million pounds deliberately underselling the shares of HBOS, in spite of its very strong capital base, and drove it into the bosom of Lloyds TSB Bank, are clearly bank robbers and asset strippers.
John SentamuPeople think when you have a, quote, 'bank failure,' that that is the end of the bank. And it isn't necessarily.
Michele BachmannSarah, 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 SmithAt least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
Matt TaibbiI was raised by a single mom who had to put herself through school while looking after two kids. And she worked hard every day and made a lot of sacrifices to make sure we got everything we needed. My grandmother, she started off as a secretary in a bank. She never got a college education, even though she was smart as a whip. And she worked her way up to become a vice president of a local bank, but she hit the glass ceiling. She trained people who would end up becoming her bosses during the course of her career.
Barack ObamaI'm not a very good financing person. I don't even know how much money I have in my bank account. I never have opened one single envelope from the bank - they freak me out.
Marjane SatrapiI think it's more normal to make a movie dealing with love, sexual or not, than to make movies about bank robberies, which very rarely happen in real life. So I would say the problem is not what some people feel is normal, I would say the problem is why this whole industry is far more obsessed with filming scenes of dominance, guns, invasion.
Gaspar NoeWhile the river of life glides along smoothly, it remains the same river; only the landscape on either bank seems to change.
Max MullerLook at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.
Michael HudsonYou've got to exercise. Your health account, your bank account, they're the same thing. The more you put in, the more you can take out.
Jack LaLanneMy pipe business I created from scratch; my media assets and bank I bought from the secondary market.
Victor PinchukI'd worked on leprosy and malaria in India [at the World Bank] and asked myself the question: Why do we let 2 million children die every year around the world for not having clean water? Because they're faceless and nameless. So, for me, Facebook looked like it was going to solve the problem of the invisible victim.
Sheryl SandbergI 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 AttaWhen we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage.
Charlie MungerYou 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 CranstonIsrael is so tiny. It's, you know, a little less than the length of Manhattan, without the West Bank, without Judea and Samaria.
Benjamin NetanyahuWhatever 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 LaLanneI am a feral person. I have no bank account. I am unemployable. I own nothing. I lose my shoes sometimes when I go out. It sounds like I'm making a case for my own exceptionalism, which I suppose I am, but I wish it wasn't true.
Tony BurgessTime is infinitely more precious than money, and there is nothing common between them. You cannot accumulate time; you cannot borrow time; you can never tell how much time you have left in the Bank of Life. Time is life.
Israel Davidson[The Weather Channel] is the most watched cable channel in America. I'll repeat that. It is the most watched cable channel in America. They were worried about the terrorists immobilizing us, and a portion of our countrymen watch weather. 'Kay, you don't get any more immobile than that... unless you're in a goddamn coma. That means you're saying, "I'd go to the window, but it's too far." If you want to know what the weather is you go to a window and stick your hand out and if you want to know what the temperature is you drive by a bank.
Lewis BlackThe one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil.
Jeff BezosThe 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 ZiglarNow, for Romney to believe that somebody's grandmother is going to be so cut off she is going to self deport... He certainly shows no concern for the humanity of people who are already here... I think you have to live in worlds of Swiss bank accounts and Cayman Island accounts and automatic $20 million a year income with no work to have some fantasy this far from reality.
Newt GingrichIf the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be going a lot faster over time, and one day they can be a lot bigger than us.
Jamie Dimon[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 BuffettThere 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 CaldwellSome ISPs are blocking all BitTorrent traffic, because BitTorrent can be used to share files in a piratical way. Hollywood lobbying groups are trying to pass laws which would force ISPs to block or degrade BitTorrent traffic, too. Personally, I think this is like closing down freeways because a bank robber could use them to get away.
Wil WheatonWe go to church buildings that still have a mortgage. Which means the bank owns God's house. Which means that we go and make love to God in a house that Satan owns!
Eddie LongInvest your money in Dada! Dada is the only savings bank that pays interest in the hereafter!
Kurt SchwittersApparently 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.'
Rod SerlingAvoid 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 DunnanWho would want to break into [the music business]? It's like a bank that's already been robbed.
Randy NewmanWe have a deal. And so there's movement towards a peace agreement, you know, a peace accord, a cease-fire, which is great. That's fabulous. It's unfortunate that we're also bombing Syria together [with Russians], and in my view we need - what we need to do together is create a weapons embargo together and get all the parties with the program here, and also collaborate on a freeze on the bank accounts of those countries that continue to fund terrorist enterprises, the No. 1 source of that being the Saudis.
Jill SteinThere's such a cynicism about the phrase 'I laughed all the way to the bank.' It's as though money is what you're doing, rather than playing music. If you're playing a money game, why not get into banking?
Artie ShawLet us not live a life โฆ that would bring regret. โฆ It is not going to matter very much how much money you made, what kind of a house you lived in, what kind of a car you drove, the size of your bank accountโany of those things. What is going to matter is that dear woman who has walked with you side by side as your companion through all of the years of life and those children and grandchildren and great-grandchildren and their faithfulness and their looking to you โฆ with respect and love and deference and kindness.
Gordon B. HinckleyIt takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
Warren BuffettTake my friends and my home - as an outcast I'll roam: Take the money I have in the bank: It is just what I wish, but deprive me of fish, And my life would indeed be blank.
Lewis CarrollMy bank is the worst. They are screwing me. You know what they did to me? They're charging me money for not having enough money. Apparently, when you're broke, that costs money.
Louis C. K.