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Banking Quotes

1.
The main thing that I learned about conspiracy theory, is that conspiracy theorists believe in a conspiracy because that is more comforting. The truth of the world is that it is actually chaotic. The truth is that it is not The Iluminati, or The Jewish Banking Conspiracy, or the Gray Alien Theory. The truth is far more frightening - Nobody is in control. The world is rudderless.
Alan Moore

Authors on Banking Quotes: Josiah Stamp Jamie Dimon Paulo Freire James Grant Lysander Spooner Alan Watts Adam Smith Bill Gates William Jennings Bryan Nassim Nicholas Taleb Anat R. Admati John Adams Nigel Farage Charlie Munger Walter Bagehot Anne Robinson Robert G. Wilmers Thomas Jefferson Warren Buffett Duff McDonald Ben Bernanke Jean Baudrillard Anne Fletcher Nouriel Roubini Benjamin Tucker H. L. Mencken Michael Parenti Vikram Chatwal John G. Stumpf Big Boi George Washington Adam McKay Robert W. Hemphill
2.
The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.
Nigel Farage

3.
The bank hath benefit of interest on all moneys which it creates out of nothing.
William Paterson

4.
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.
Josiah Stamp

5.
The few who understand the system, will either be so interested from it's profits or so dependent on it's favors, that there will be no opposition from that class.
Mayer Amschel Rothschild

6.
Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them.
Jamie Dimon

7.
Are there a lot of designers that matter? The industry hasn’t got a litmus test any more. The whole thing has imploded. Watch it die, like the banking industry
Louise Wilson

8.
The whole profit of the issuance of money has provided the capital of the great banking business as it exists today.
Frederick Soddy

9.
Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess
Irving Fisher

10.
The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.
Eustace Mullins

11.
If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
John Maynard Keynes

12.
It is no coincidence that the century of total war coincided with the century of central banking.
Ron Paul

13.
I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.
Bill Lipschutz

14.
I do not think you can trust bankers to control themselves. They are like heroin addicts.
Charlie Munger

15.
I dream of a Digital India where mobile and e-Banking ensures Financial Inclusion.
Narendra Modi

16.
The short-term international capital market is shrunken and erratic, and cannot be relied upon to cushion the effects of tendencies to disequilibrium in the balance of payments.
Gunnar Myrdal

17.
The world needs banking but it does not need banks.
Bill Gates

18.
Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.
John Adams

19.
It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.
Benjamin Tucker

20.
A tiny portion of the population controls the lions share of the wealth and most of the command positions of state, manufacturing, banking, investment, publishing, higher education, philanthropy, and media... these individuals exercise a preponderant influence over what is passed off as public information and democratic discourse.
Michael Parenti

21.
What's breaking into a bank compared with founding a bank?
Bertolt Brecht

22.
The modern banking system manufactures money out of nothing.
Josiah Stamp

23.
[ Zionists] dominate the Banking institutions of America and they are the biggest contributors in politics.
David Duke

24.
My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.
Douglass North

25.
A people... who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything.
George Washington

26.
It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.
Adam Smith

27.
To deprive mankind of their natural right and power of creating wealth for themselves, is as great a tyranny as it is to rob them of it after they have created it. And this is done by all laws against honest banking.
Lysander Spooner

28.
Progress is cumulative in science and engineering, but cyclical in finance.
James Grant

29.
Of all the many ways of organising banking, the worst is the one we have today.
Mervyn King

30.
Anything that benefits the public and not just big banking, that's what I'm with.
Big Boi

31.
It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.
Henry Paulson

32.
Bankers are just like anybody else, only richer
Ogden Nash

33.
There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are taking them.
Robert F. Engle

34.
Bankers know that history is inflationary and that money is the last thing a wise man will hoard
Will Durant

35.
Banks need to think through their ethics very carefully, and many have done so. I dont know any bank that dismisses the concept of ethical banking.
Justin Welby

36.
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.
John Adams

37.
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.
Josiah Stamp

38.
You will find a way to make your message fresher. You'll find a way to make your connections in a way that will continue to inspire and direct and motivate. That's what I'm banking on.
Pete Carroll

39.
Only put money in the banking system that you can afford to lose!
Max Keiser

40.
Banking was conceived in iniquity and born in sin.
Josiah Stamp

41.
There's more honor in investment management than in investment banking.
Charlie Munger

42.
Altough we all realize that monotony is boring, almost every form of industrial work- banking, accounting, mass-producing, service- is monotonous, and most people are paid for simply putting up with monotony
Alan Watts

43.
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.
Nouriel Roubini

44.
Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.
Wilbur Ross

45.
... preliminary accounting, banking and surveying (known as arithmetic, algebra and geometry).
Alan Watts

46.
Independently of its misdeeds, the mere power, - the bare existence of such a power, - is a thing irreconcilable with the nature and spirit of our institutions.
Nicholas Trist

47.
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.
Margaret Drabble

48.
The lifeblood of the economy is that the banking community is a circulatory system for American capitalism.
Anthony Scaramucci

49.
Those truly committed to liberation must reject the banking concept in its entirety, adopting instead a concept of women and men as conscious beings and consciousness as consciousness intent upon the world.
Paulo Freire

50.
I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again. When you go to confession and entrust your sins to the safe-keeping of the priest, do you ever come back for them?
Jean Baudrillard