Quotes About Finance

It has always been more expensive for the poor to borrow money. We see this in everything from mortgage rates to credit cards.

When the time comes to raise rates, I do think there will be some benefits that flow through to savers.

When interest rates are coming down, you cannot have high margins.

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.

Government should eschew suasion and directives to banks on interest rates that run counter to monetary policy actions.

Lord knows I'm all for lowering rates and simplifying the tax code.

Putting an end to usurious rates is not going to be as simple as asking banks to lay down internal guidelines, policies and procedures.

Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.

Michigan is also the only industrial state that has a AAA credit rating.

Junk bonds prove there's nothing magical in a Aaa bond rating.

We're only one of a few states that have maintained our Triple-A bond rating from the major rating agencies.

Today, credit rating agencies rate companies, countries and bonds.

Ratings agencies are the glue that ostensibly holds the entire financial industry together.

I've reached a point where I feel the only asset I have confidence in is gold.

My master's was in economics, and my Ph.D. was in philosophy, and I became a professor at USP. But after three years, I was invited to be secretary of finance for Sao Paulo mayor Marta Suplicy. They reached out to be because of my economics background.

Banking now is like sending a letter: you send it, you don't know if it reached there. Ripple is more like sending an iMessage: you send it, and you immediately know.

In the light of the actual fighting that is now in progress, we have reached the point where the military considerations clearly outweigh the fiscal considerations.

It is hard to have great confidence in predicting what market reactions to Fed decisions will be.

When a bank calls in a loan, it obviously hurts the customer in question. But it also adversely affects other banks that have lent to this borrower. They are now less likely to be repaid and so can't as readily lend to their own customers.

I became a producer because nobody was ready to finance my films.

Your team has to understand that coming into the ABA, you have to have your investments right and sponsorships and people ready to give you money so they can back you up.

Drilling is risky because finding oil is only half the job. The real challenge is finding the money to pump the oil.

Debt collection is a market with real, persistent, and disturbing problems.