Quotes About Financial system

What is the system? It revolves around the banks, the system is built on the power of the banks, so it can be destroyed through the banks.

The financial crisis revealed important weaknesses in many areas of our financial system.

No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected.

The black money issue should not be misunderstood as one of merely avoiding taxes. It is, in fact, a major systemic crime of denying the nation's financial system the proceeds of wealth. Such denial should actually be declared as treason, where opportunities to share the wealth for the benefit of the poor are wilfully denied.

After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way.

I worked on one speech about the financial system that caused the Dow to drop, like, 200 points.

I mean, when I went to go get a loan as a creator, when I went to get a loan from the bank, I was in escrow for 90 days. The bank wouldn't give me a loan when I tried to buy a house, because they didn't understand how I made money. They said, 'Send us your pay stubs from your job.' I said, ' What are pay stubs?' because I didn't have a job.

Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system.

The most convincing and enduring foe of the global financial economy ultimately is the global financial economy itself. - Ulrich Beck

Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion.

Money is the most universal and most efficient system of mutual trust ever devised.

El dinero es el más universal y más eficiente sistema de confianza mutua que jamás se haya inventado.

The world became more aware that America-despite being the hope of many who have the personal drive and ambition to become part of the "American dream"-is beset by serious operational challenges: a massive and growing national debt, widening social inequality, a cornucopian culture that worships materialism, a financial system given to greedy speculation, and a polarized political system

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.

Can't make your payments? No problem. The interest charges keep on coming. In fact, banks prefer it that way. More money for them. The government guarantees it.

When you live in a false society, that bases its wealth upon money, then that society itself will collapse eventually. Not because I say so, because it's not based on physical reference.

Most governments want their citizens to be part of the financial system, to be productive citizens as a result of having access to be able to manage and move money in a seamless way. But the traditional financial services infrastructure is not designed to handle that because, predominantly, it's an expensive infrastructure.

Bailing out every bank that fails makes the system riskier, not safer.

We, in the business world, invest our money to make a profit. Sports teams make a good profit. That's the way the system should work, not taxpayers forking over these dollars to for-profit enterprises.

On April 30, 1781, Hamilton sent a marathon letter to Morris—it runs to thirty-one printed pages—that set forth a full-fledged system for shoring up American credit and creating a national bank.

On balance, the financial system subracts value from society

In order to properly measure the impacts of climate change on our Financial system they must first be identified and disclosed.

What built America's called the American system, from Hamilton to Polk to Henry Clay to Lincoln to the Roosevelts. A system of protection of our manufacturing, financial system that lends to manufacturers, OK, and the control of our borders.

The Fed's action is, as the saying goes, socialism for the rich and capitalism for the poor.