Quotes About Finance

Gold belongs with a class of speculative investments and should be kept to a minimum in long-term investment portfolios. This statement is valid until the world adopts gold as the main component of a new international currency.

Money takes care of those who take care of money. Invest it with care and it will take care of you.

Plus, constantly worrying about money is *boring*. Use your brain...to be creative.

It's simply a matter of creative accounting.

Bribes over two dollars are tax deductible

You only need to make one big score in finance to be a hero forever.

To beat the market you'll have to invest serious bucks to dig up information no one else has yet.

My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.

I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldn't see any.

at the dawn of the 1930s, state and local budgets dwarfed federal outlays by a factor of ten. Limited largely to the keeping of a standing army and navy and the payment of obligations incurred in wartime (including interest on war debt and the upkeep of veterans), the federal budget amounted to a negligible 3 percent of gross national product. By the end of the twentieth century, that figure would be closer to 20 percent.

Keep your section solvent, keep your job.

We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city.

And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.

You have to take away some of tax breaks for the wealthy, and you have to cut back on some entitlements. Because, unless we do all of these things, it just doesn't work. And what's good theater and what's good politics isn't necessarily good economic policy.

This country of just over five million people now has the largest sovereign wealth fund in the world. And

Save your money. You're going to need twice as much money in your old age as you think.

The quickest way to double your money is to fold it in half and put it back in your pocket.

A bank is a place that will lend you money if you can prove that you don't need it.

finance was to become a public utility, situated in the public domain or at least alongside a public banking option. Instead, the past century's expansion of predatory credit has been reinforced by de-taxing interest, land rent, financial speculation, debt leveraging and "capital" (asset-price) gains.

Staff members accused the IMF of violating its rules by making bad loans "to states unable to repay their debts," simply to pay bankers and bondholders.

this sounds like a Ponzi scheme it is because it is the mother of all Ponzi schemes. A merry go around of Ponzi Austerity which, interestingly, left both the insolvent banks and the insolvent Greek state a little more… insolvent

So we are brought back to the fact that compound interest does not merely increase the flow of income to the rentier One Percent, but also transfers property into its hands.

History of the Great American Fortunes uncovered how many family fortunes were taken from the public domain by colonial land grants, bribery and insider dealing – and how such fortunes quickly take a financial form.

free market required public regulation to keep predatory finance and rent seeking in check, and to keep basic infastructure in the public domain.