Bankers Quotes

A Jew cannot be a true patriot. He is something different, like a bad insect. He must be kept apart, out of a place where he can do mischief - even by pogroms, if necessary. The Jews are responsible for Bolshevism in Russia, and Germany too. I was far too indulgent with them during my reign, and I bitterly regret the favors I showed the prominent Jewish bankers.

It's a different kind of economic recovery. The kind where bankers steal trillions and you don't have a job.

For a country, everything will be lost when the jobs of an economist and a banker become highly respected professions.

When a Banker jumps out of a window, jump after him - that's where the money is.

Making a programme that appears to condone a positive stereotype actually enforces all the negative ones as well. It says that they all have a valid point. To assert that Americans are naive, Germans humourless and the French arrogant is one thing: they're big enough to take it. But to say that there's a conspiracy of Jewish bankers, that gypsies are thieves, Pakistanis are dirty and refugees are muggers is something quite else.

Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.

Actually I'd had a certain amount of experience in Europe in the inter-war period, as a banker, and I was also a member of the Board of Directors of the International Chamber of Commerce.

The process by which banks create money is so simple that the mind is repelled.

I do what I do, and write what I write, without calculating what is worth what and so on. Fortunately, I am not a banker or an accountant. I feel that there is a time when a political statement needs to be made and I make it.

While boasting of our noble deeds we're careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery.

The unforgivable sin of Hitler's Germany was to develop a new economic system by which the international bankers were deprived of their profits.

The main mark of modern governments is that we do not know who governs, de facto any more than de jure. We see the politician and not his backer; still less the backer of the backer; or, what is most important of all, the banker of the backer.

Bankers, nepotists, contracts and talkies: on four fingers one may count the leeches which have sucked a young and vigorous industry into paresis.

There is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.

Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.

I do not think you can trust bankers to control themselves. They are like heroin addicts.

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.

When bankers get together they talk about art. When artists get together, they talk about money.

And who can suffer injury by just taxation, impartial laws and the application of the Jeffersonian doctrine of equal rights to all and special privileges to none? Only those whose accumulations are stained with dishonesty and whose immoral methods have given them a distorted view of business, society and government. Accumulating by conscious frauds more money than they can use upon themselves, wisely distribute or safely leave to their children, these denounce as public enemies all who question their methods or throw a light upon their crimes.

Nothing but widespread suffering will produce any effect on Congress

Bank failures are caused by depositors who don't deposit enough money to cover losses due to mismanagement.

The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads.

The modern banking system manufactures money out of nothing.

What does it feel like to represent a newspaper that used to support Adolf Hitler? And supports the banker Kabbalists that are ruining the world? Did you vote Tory?

Poets are mysterious, but a poet when all is said is not much more mysterious than a banker.

This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Wilson) signs this bill the invisible government of the Monetary Power will be legalized.

It is easier to rob by setting up a bank than by holding up a bank clerk.

Perhaps it is one secret of their power that, having studied the fluctuations of prices, the [bankers] know that history is inflationary.

Why was it that when noughts committed criminal acts, the fact that they were noughts was always pointed out? The banker was a Cross. The newsreader didn't even mention it.

There are only seven movie stars in the world whose name alone will induce American bankers to lend money for movie productions, and the only woman on the list is Ingrid Bergman.

You shall not press down upon the brow of labor this crown of thorns; you shall not crucify mankind upon a cross of gold.

Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.

A study of the panics of 1873, 1893, and 1907 indicates that these panics were the result of the international bankers' operations in London.

The ancient nobility and gentry of the kingdom... have been thrust out of all public employment... a race of merchants, and manufacturers and bankers and loan-jobbers and contractors have usurped their place.

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.

Bankers are just like anybody else, only richer

Every sensible banker understands that Greece should not have received any more money: a bankrupt state that can never be expected to repay loans is not a good debtor.

When a government is dependent upon bankers for money,
they and not the leaders of the government control the situation

If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.

The country is governed for the richest, for the corporations, the bankers, the land speculators, and for the exploiters of labor.

The last duty of a central banker is to tell the public the truth.

I am not embarrassed to be a banker. I am not embarrassed to be in business.

The general culture of investment banking has deteriorated over the years. We did a $6 million deal years ago for Diversified Retailing and we were rigorously and intelligently screened. They bankers cared and wanted to protect their clients. The culture now is that anything that can be sold for a profit will be. 'Can you sell it?' is the moral test, and that's not an adequate test.

Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society.

A banker is a person who is willing to make you a loan if you present sufficient evidence to show you don't need it.

The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.

The goose that lays golden eggs has been considered a most valuable possession. But even more profitable is the privilege of taking the golden eggs laid by somebody else's goose. The investment bankers and their associates now enjoy that privilege.

A good banker isn't careless with pennies; a good leader isn't sloppy about details.

I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.