Quotes About Finance

There's an argument that private debt, in some way, is creating indentured servants in our country. But public debt does not do that. In fact, public debt does the exact opposite - it relieves private debt.

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

Waiving debts corrupts the credit culture.

New Jerseyans knew that the SALT deduction cap would hurt.

We have the deepest and most liquid capital markets in the world.

When you cut a half-a-trillion dollars from the defense budget, it affects almost every area in the defense budget.

The best way to deal with the deficit is through economic growth.

When the economy is growing, there's a lot that can be done to deal with the deficit.

Cutting budget deficits can never be just an exercise in economics.

Well, I think what we need to remember is that budget deficits can impede economic activity.

If Ripple as a company went away, XRP would continue to trade. To me, that's the definition of decentralization.

The way you create deflation is you create an asset bubble.

The issue of access to growth capital is common to all entrepreneurs. Any entrepreneur who can demonstrate a credible business model and plan would be able to access to capital.

In Denmark, when you marry, whether you have $1 million or just $10, you share it.

I was in the equity-trading department at Merrill Lynch. I was there in 1987 when the market crashed.

I want to play the Champions League with Marseille, but I want to know how much we are economically dependent on our project.

I have had many anxieties for our commonwealth, principally occasioned by the depreciation of our money.

The credit derivative market would never have evolved but for the preexistence of the derivative markets because so much of the technology was borrowed.

The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way.

Derivatives are a huge, complex issue.

If there were not derivatives, there would be no bank loans at all today, because people want to get fixed-rate 30-year loans, but banks don't want to keep 30-year loans on their books.

A lot of people ask, 'How did you start the business, and how did you do it money-wise?' And the truth is that I had three jobs. A day job, an evening job, and then designing my collection as well. That's just how we did it.

Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.

Look, I've always said from the word go many years ago that I felt the whole bonus culture, they need to think very carefully about being detached from the rest of the British public.