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Financial System Quotes

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It’s great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system  (Financial System Quotes) It took us years to get into the mess that we got ourselves in at the end of 2008, and it’s going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we’re making progress on dealing with  (Financial System Quotes) It is the policy of the federal government to use all resources at its disposal to make our financial system stronger  (Financial System Quotes) If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility  (Financial System Quotes) High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors  (Financial System Quotes) 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  (Financial System Quotes) For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system  (Financial System Quotes) I do sense that the financial system is under the gun. In order to keep our system and economies moving globally, there’s the need to extend new money  (Financial System Quotes) We must see that it is foolish, sinful and suicidal to destroy the health of nature for the sake of an economy that is really not an economy at all but merely a financial system, one that is unnatural, undemocratic, sacrilegious, and ephemeral  (Financial System Quotes) A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to  (Financial System Quotes) That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems  (Financial System Quotes) A clear lesson of history is that a ‘sine qua non’ for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system  (Financial System Quotes)
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