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Banking System Quotes

Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion Picture Quote #1

There’s a loss of faith in the banking system that for so long has been the backbone of prosperity and growth Picture Quote #1

If you’ve taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan Picture Quote #1

Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system Picture Quote #1

If you want to change the way your banking system is regulated, if you want to learn the mistakes of what’s gone wrong, then you have to change your government Picture Quote #1

What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line Picture Quote #1

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The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow Picture Quote #1

If you don’t have a functioning financial system the world economy won’t be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed Picture Quote #1

By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate Picture Quote #1

The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families Picture Quote #1

I do think that the banking system is now in the most perilous state we’ve seen in over 70 years Picture Quote #1

It’s a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation Picture Quote #1

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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 Picture Quote #1

In Africa it’s difficult to carry the money, it’s difficult to have a banking system with tellers, with distribution of cash. So they are using their mobile phones Picture Quote #1

Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring Picture Quote #1

You’re having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system Picture Quote #1

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 Picture Quote #1

We don’t have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system Picture Quote #1

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The Chinese banking system is built on quicksand and that’s the one thing a lot of people don’t realize. Everybody seems to think it is a free and clear open checkbook. It’s not. The banking system in China is extremely fragile Picture Quote #1

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented Picture Quote #1

You can’t fall back on the private sector and say, ‘You take care of the nation’s banking system.’ That’s a fundamental function of the government, the Federal Reserve, the Treasury and the FDIC, etc. All of those agencies have a major role to play there Picture Quote #1

The modern banking system manufactures money out of nothing Picture Quote #1

Only put money in the banking system that you can afford to lose! Picture Quote #1

A banking system is an act of faith: it survives only for as long as people believe it will Picture Quote #1

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If you don’t have a functioning financial system the world economy won’t be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed Picture Quote #1

The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance Picture Quote #1

I do think that the banking system is now in the most perilous state we’ve seen in over 70 years Picture Quote #1

I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I’ll be all right; I’ve got a few veg Picture Quote #1

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 Picture Quote #1

When you own gold you’re fighting every central bank in the world. That’s because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that’s why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power Picture Quote #1

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Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion. (Banking System Quotes) There’s a loss of faith in the banking system that for so long has been the backbone of prosperity and growth. (Banking System Quotes) If you’ve taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan. (Banking System Quotes) Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system. (Banking System Quotes) If you want to change the way your banking system is regulated, if you want to learn the mistakes of what’s gone wrong, then you have to change your government. (Banking System Quotes) What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line. (Banking System Quotes) The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow. (Banking System Quotes) If you don’t have a functioning financial system the world economy won’t be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed. (Banking System Quotes) By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate. (Banking System Quotes) The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families. (Banking System Quotes) I do think that the banking system is now in the most perilous state we’ve seen in over 70 years. (Banking System Quotes) It’s a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation. (Banking System 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. (Banking System Quotes) In Africa it’s difficult to carry the money, it’s difficult to have a banking system with tellers, with distribution of cash. So they are using their mobile phones. (Banking System Quotes) Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring. (Banking System Quotes) You’re having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system. (Banking System 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. (Banking System Quotes) We don’t have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system (Banking System Quotes) The Chinese banking system is built on quicksand and that’s the one thing a lot of people don’t realize. Everybody seems to think it is a free and clear open checkbook. It’s not. The banking system in China is extremely fragile (Banking System Quotes) The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented (Banking System Quotes) You can’t fall back on the private sector and say, ‘You take care of the nation’s banking system.’ That’s a fundamental function of the government, the Federal Reserve, the Treasury and the FDIC, etc. All of those agencies have a major role to play there (Banking System Quotes) The modern banking system manufactures money out of nothing (Banking System Quotes) Only put money in the banking system that you can afford to lose! (Banking System Quotes) A banking system is an act of faith: it survives only for as long as people believe it will (Banking System Quotes) If you don’t have a functioning financial system the world economy won’t be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed (Banking System Quotes) The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance (Banking System Quotes) I do think that the banking system is now in the most perilous state we’ve seen in over 70 years (Banking System Quotes) I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I’ll be all right; I’ve got a few veg (Banking System 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 (Banking System Quotes) When you own gold you’re fighting every central bank in the world. That’s because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that’s why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power (Banking System Quotes)

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