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Banks Quotes

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Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.  (Banks Quotes) You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent.  (Banks Quotes) Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.  (Banks Quotes) Central banks don’t have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.  (Banks Quotes) Being some country lad from the banks of the River Boyne, I never wanted to be wealthy. I was driven by artistic intention.  (Banks Quotes) I fear debt. I don’t like being indebted to banks. I have a rule in life that I will get it when I can afford it.  (Banks Quotes) If competition for Kaggle’s top talent becomes fierce enough among banks, insurance companies, hedge funds - we hope the world’s best data scientists will earn more than $50 million per year, just like the world’s best hedge fund managers.  (Banks Quotes) Often you see big companies, big banks who are eager to embrace crushing regulatory burdens because they drive up everyone’s costs.  (Banks Quotes) The financial education taught in schools is funded and taught by the big banks and corporations. It’s like having the cat train the mice.  (Banks Quotes) My father, Cecil Banks Mullis, and mother, formerly Bernice Alberta Barker, grew up in rural North Carolina in the foothills of the Blue Ridge Mountains. My dad’s family had a general store, which I never saw. My grandparents on his side had already died before I started noticing things.  (Banks Quotes) Big banks are more dangerous than standing armies, and the practice of borrowing and spending money to be paid back by the next generation is stealing from their future.  (Banks Quotes) The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term - are throttling the recovery of British industry.  (Banks Quotes) Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion.  (Banks Quotes) Where are the jobs going to come from? Small business, manufacturing and clean energy. Where’s the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now.  (Banks Quotes) When I started the business, only banks operated at airports, only banks issued travellers’ cheques, only banks issued international payments, only banks serviced their own branch networks.  (Banks Quotes) The biggest complaint from people wanting to start a business is, I don’t have capital. Banks aren’t lending but if they were, it would give you a greater opportunity to screw things up. So it will help you be creative and spend less. If you have a proven business plan, share with friends and family.  (Banks Quotes) The banks’ product is debt. They try to tell customers that debts are good for you, but the customers can’t afford any more debt, so there’s no way the banks can continue their current business plan.  (Banks Quotes) Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can’t make money lending to barrowers anymore, so they’re going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.  (Banks Quotes) Learn to raise capital by any means necessary. That’s your primary job as an entrepreneur. You must continually raise capital from family and friends, banks, suppliers, customers and investors.  (Banks Quotes) I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They’re efficient. They’re flexible.  (Banks Quotes) There are several things that can create an alpha - stock buybacks are one. High dividend yields are another, especially nowadays because the stock market yields more than the banks and the tenure treasury. But by and large, it tends to be companies with a strong cash flow, rising sales, accelerated earnings, a profit margin expansion.  (Banks Quotes) The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.  (Banks Quotes) Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can’t print it.  (Banks Quotes) Japan’s experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years.  (Banks Quotes) The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and for what purposes those tools are being used.  (Banks Quotes) The central banks cannot control interest rates. That’s a mistake. They can control a particular rate, such as the Federal Funds rate, if they want to, but they can’t control interest rates.  (Banks Quotes) After a long period in which the desired direction for inflation was always downward, the industrialized world’s central banks must today try to avoid major changes in the inflation rate in either direction.  (Banks Quotes) Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason ” QE is not going away for a long time.  (Banks Quotes) Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.  (Banks Quotes) As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and support credit market functioning, including the establishment of a number of emergency lending facilities and the creation or extension of currency swap agreements with 14 central banks around the world.  (Banks Quotes)
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