Quotes About Credit

bond markets have power because they're the fundamental base for all markets. The cost of credit, the interest rate [on a benchmark bond], ultimately determines the value of stocks, homes, all asset classes.

The possibility exists that information and computer technology could enable Beijing to build a system of 'social credit', analogous to financial credit in the West, that would (in official parlance) 'allow the trustworthy to roam everywhere under heaven while making it hard for the discredited to take a single step'.

But the foundation on which all of this rested was the underlying credibility of a borrower's promise to repay. (It is no coincidence that in English the root of 'credit' is credo, the Latin for 'I believe

the creditor could draw a bill on the debtor and either use the bill as a means of payment in its own right or obtain cash for it at a discount from a banker willing to act as broker.

they felt a genuine distaste for the institution of slavery. But of at least equal importance was a sense that the Confederacy was not a good credit risk (after all, the Confederate president Jefferson Davis had openly advocated the repudiation of state debts when he was a US senator).

Credit was, quite simply, the total of banks' assets (loans).

After the creation of credit by banks, the birth of the bond was the second great revolution in the ascent of money.

According to Law, confidence alone was the basis for public credit; with confidence, banknotes would serve just as well as coins. 'I have discovered the secret of the philosopher's stone, he told a friend, 'it is to make gold out of paper.'40 The Duke demurred, saying 'I am not rich enough to ruin myself.

without easy credit creation a true bubble cannot occur. That is why so many bubbles have their origins in the sins of omission or commission of central banks.

Increasingly, its discount rate was seen as the minimum short-term interest rate in the so-called money market (for short-term credit, mostly through the discounting of commercial bills).

The E.U. is more resilient than we give it credit for. We always muddle through.

I'm not sure a lot of us in the music business or in rock 'n' roll are given credit for irony or humor.

I'm just not into the shady side of the music industry. Give credit where credit's due.

A lot of people don't give their audiences credit. You can leave it a little mysterious. They can think about it.

The narrator of a documentary often comes in at the last minute and takes some of the glory they don't deserve.

We like to take credit when we get a new idea, as if we originated the idea in our brain, but what we actually did was no less extraordinary: we channeled the idea.

With all the evils of publicity and its causes for distress, I also realized no matter how unwilling a subject, the opportunities that it offered ultimately could only be counted on the credit side. I knew that if the sudden notoriety had catapulted me into a lucrative career and exciting new experiences, then I must use it in my life as a force for good. I hoped in the future that I would receive no more mention than my accomplishments or abilities deserved.

Those who naively credit Gandhi with a conscientious or consistent pacifism might wish to ask if this did not amount to letting the Japanese imperialists do his fighting for him.

Also, ordinary expressions like "expiration date" … will I outlive my Amex?

Procrastination is like a credit card: it's a lot of fun until you get the bill.

Be patient and give yourself credit for even the smallest bits of forward momentum. As you start noticing things about yourself that you weren't previously aware of (things you aren't always going to like), you are progressing.

credit, youre jewish, your best friend is black, and your girlfriend is a cheating whore. Even if I wore gay, I'd still have it better than you.

the question of who devised the plan of march from Atlanta to Savannah is easily answered: it was clearly Sherman, and to him also belongs the credit of its brilliant execution.

When the successful military action against Saddam Hussein ended in April 2003, more than 70 percent of the American people backed the invasion of Iraq, with politicians and pundits alike elbowing each other aside to take credit for their prescient support.