Quotes About Finance

The safest way to double your money is to fold over once and put it in your pocket.

The safest way to double your money is to fold it over once and put it in your pocket.

The safest way to double your money is to fold it over and put it in your pocket.

Clearly, ASEAN needs to strengthen its secretariat. In contrast to the budget of the EU Secretariat, which is US$154 billion, the annual budget of the ASEAN Secretariat is US$19 million.

was zero in 1914; a year after the end of World War I, it was 50%. Canada introduced income tax in 1917 as a "temporary" measure to finance the war, and then expanded it dramatically during World War II with a flat 20% surtax imposed on all income tax payable by persons other than corporations and the

try to get money from him that's not in the form of alimony. You won't get taxed that way. Get him off your insurance plan.

I hope that I'll be hot for a long time so I can make a lot of money, I can retire early, and just travel. Hopefully that will happen.

People who understand interest earn it. People who don't pay it.

Profit is the most global aspect of a business, and it is cross-functional.

Expropriations are armed operations and a guerrilla tactic carried out to finance, support and advance the movement towards revolution.

The entrepreneurs of new firms as much as the management of the old (whether modernizing or not) are forced to do whatever is necessary to attract the players in the casino and then worry as much – or more – about the perfor- mance of their stock valuations as about their actual profits. Financial capital reigns arrogant and production capital has no alternative but to adapt to the new rules; some agents with glee, others with horror.

We need more transparency and accountability in government so that people know how their money is being spent. That means putting budgets online, putting legislation online.

What is certainly clear is that again and again, countries, banks, individuals, and firms take on excessive debt in good times without enough awareness of the risks that will follow when the inevitable recession hits.

Of course, the problems of external default, domestic default, and inflation are all integrally related. A government that chooses to default on its debts can hardly be relied on to preserve the value of its country's currency.

In sum, historical experience already shows that rich countries are not as "special" as some cheerleaders had been arguing, both when it comes to managing capital inflows and especially when it comes to banking crises.

The reason that minorities and women don't have a better shot at getting elected to the Senate or to statewide office is because the campaign finance rules are so skewed as to make it very difficult for non-traditional candidates to raise the money necessary to get elected.

regulate interest rates charged on bank loans.98

Negro banks, as a rule, have failed because the people, taught that their own pioneers in business cannot function in this sphere, withdrew their deposits.

The strongest bank in the United States will last only so long as the people will have sufficient confidence in it to keep their money there.

But the most impressive Markov warriors and Siren Servers are not at Google or Amazon or Facebook. They reside at a little-known but astonishingly successful company transforming the world of finance. The real Markovian masters of the universe run a venture in Setauket, Long Island, called Renaissance Technologies. It is the Google-era titan of finance and investment.

Traditionally the haven currency was the U.S. dollar, but since early 2018—from Greece to Venezuela, from Argentina to Zimbabwe—the haven has increasingly been bitcoin.

Dmitry Buterin introduced his son to bitcoin, and Robert Russell, now CFO of Luminar, pushed Austin ahead in optics.

Oil-futures trading has risen by a factor of one hundred in some three decades, from 10 percent of oil output in 1984 to ten times oil output in 2015. Derivatives on real estate are now nine times global GDP. That's not capitalism, that's hypertrophy of finance.

Renaissance's Medallion Fund has reportedly averaged a yield of roughly 40 percent every year, through up and down markets,