Quotes About Rates
Logically, it may be argued that banks could indeed lower interest rates and make up their profits through larger borrowing volumes. But banks, in turn, could justify exorbitant rates by arguing that they cater to a riskier segment.
~ Sucheta Dalal
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Indeed, when all parties campaign effectively the overall effect is to push up voting rates, as you see in tight marginal seats or close general elections. That must be good for democracy.
~ Lucy Powell
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The older you are when you buy an annuity, the shorter your life expectancy will be - so the greater a monthly paycheck the same sum of money will buy you. When interest rates are higher, the size of the paycheck for the same sum of money will rise also.
~ Jean Chatzky
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The banker also knows that whatever rates it can get if needed for anything it need to times 3 the rates for the money loaned out
~ James D Wilson
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That's your business. It's the business of the police. What do we pay rates and taxes for, I should like to know?" One wonders how many times that query is uttered in a year!
~ Agatha Christie
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When I look at Washington today, we need to bring us together. We need to solve problems, we need to rebuild our military so we can stand up to radical Islam, we need to get our economy growing much faster by throwing out the corrupt tax code and lowering the rates.
~ George Pataki
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It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.
~ Ray Dalio
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Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates.
~ Ben Bernanke
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I find I can get mundane jobs done pretty quickly when I'm in a mood. I often wash up pots if I've had an argument with Suzanne, and I do a thorough job in good time and then by the time I've finished I've calmed down. Actually, I wouldn't be surprised if there was a link between the rise in divorce rates and the introduction of the dishwasher.
~ Karl Pilkington
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We do not attract Russian money to Luxembourg with high interest rates.
~ Jean-Claude Juncker
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Seneca devoted much of his time to writing essays in praise of poverty, and in lending money at usurious rates.
~ Josh Billings
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Sound economic fundamentals coupled with a number of positive factors have partially offset the psychological impact of rising interest rates in Hong Kong.
~ Li Ka-shing
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In fact a few simple mathematical calculations reveal that if reference librarians were paid at market rates for all the roles they play, they would have salaries well over $200,000.
~ Will Manley
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People who are retiring now are finding that annuity rates have been squashed by QE, and that they will get a smaller pension than they expected. Retirees who get locked into a weak annuity will find that the Bank's money printing leaves them out of pocket for the rest of their lives.134
~ David Craig
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Another commented, 'QE is a key ingredient in a recipe that is destroying the value of the UK's retirement savings. It's a torture for pension funds because it artificially suppresses long-term interest rates'.138
~ David Craig
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Finance capital increasingly looked abroad for higher rates of return.
~ David Harvey
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The government can indefinitely control both short-term and long-term interest rates.
~ Seth Klarman
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It's the biggest public health problem in America, the rising rates of obesity among our young people and very heavy statistics among our adult population.
~ William J. Clinton
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The government must do all it can to help reduce interest rates for business.
~ Pauline Hanson
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The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.
~ Andrew Mellon
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The fact that equities are being sold down, despite the lowest interest rates in recent history, simply means that the market doesn't see growth ahead for -very many businesses.
~ John C. Malone
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Financial repression returned to the West after 2008. Short-term rates in the United States and Europe were held below the level of inflation and remained negative in real terms for years on end.
~ Edward Chancellor
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This book is about the role of interest in a modern economy. It was inspired by a Bastiat-like conviction that ultra-low interest rates were contributing to many of our current woes, whether the collapse of productivity growth, unaffordable housing, rising inequality, the loss of market competition or financial fragility. Ultra-low rates also seemed to play some role in the resurgence of populism as Sumner's Forgotten Man started to lose patience.
~ Edward Chancellor
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I did not come to Washington to raise the electricity rates by as much as $40 per month as this plan would do.
~ Greg Walden
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