Finance Quotes

“It is important for the BOJ to communicate with markets in a clear and effective way.”

“The conventional commercial bank is not supposed to be a lender of first resort, but of last resort.”

“Don't get out of debt to get out of debt. Get out of debt to get ahead.”

“We have to have a savings and loan industry that is sound and safe and that can go about its business of making home loans.”

“If you want to get rid of a guest, lend him money.”

“It was a race to the bottom, to see who could take on the most risk, who could make the most money, who could pay themselves the most. It was a race with no speed limits, and it resulted in a horrific crash.”

“Unimpaired credit is the first asset of business.”

“I went from being a millionaire to being homeless. It was a very humbling experience.”

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”

“A penny saved is a penny gained.”

“The lesson is that, in a world of fiat money, central bankers have to be our bread and butter.”

“Debt is the most efficient tool of domination ever invented.”

“The people are at bay, let the bloodhounds of money who have dogged us thus far beware.”

“I made my first million dollars when I was 17. I blew it all by the time I was 20.”

“The stock market is a forward-looking mechanism.”

“I declare bankruptcy!”

“The whole system is based on confidence. The moment the confidence is gone, the whole system collapses.”

“The question is not whether we will have a crisis, but when.”

“I've never been someone who's been given a lot of money.”

“Capital is the buffer that protects the taxpayer from the mistakes of the banker.”