Banking Quotes

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.

The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.

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

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.

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.

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

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

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

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

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.

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

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

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.

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

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

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.

The world needs banking but it does not need banks.

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.

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.

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.

What's breaking into a bank compared with founding a bank?

The modern banking system manufactures money out of nothing.

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

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

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

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.

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.

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

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

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

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

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

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

Bankers are just like anybody else, only richer

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.

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.

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.

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.

Only put money in the banking system that you can afford to lose!

Banking was conceived in iniquity and born in sin.

There's more honor in investment management than in investment banking.

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.

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.

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

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

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

The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.

I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again

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.

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