#banking

The trouble is, nobody knows exactly how the world really works. We are all fallible people with limited knowledge. It is only through Biblical revelation from the One who knows how the world really works because He made it and actively sustains it that anyone can come to a competent understanding of the world. ↗

— Gary North

#christianity #economics #reconstructionism #money

Identity theft involving these cards is a growing form of white collar crime, facilitating illegal immigration, banking and accounting fraud, tax evasion, and other nefarious activities. ↗

— Ron Lewis

#activities #banking #cards #collar #crime

The advantage of online banking is that you can pay bills superfast, and your account is automatically credited or debited for each deposit and payment, making it easier to stay on track. ↗

— Suze Orman

#advantage #automatically #banking #bills #credited

My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business. ↗

— Frederick W. Smith

#banking #business #idea #industries #innovation

In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist. ↗

— David Graeber

#debt #england #money #money

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending ↗

— Nassim Nicholas Taleb

#banking #economics #expertise #experts #finance

Governments were only invented to give banks a medium of exchange. Politicians are the only universal currency. ↗

— Bauvard

#currency #funny #government #humor #money

Like the Nazis, the cadres of jihad have a death wish that sets the seal on their nihilism. The goal of a world run by an oligarchy in possession of Teutonic genes, who may kill or enslave other 'races' according to need, is not more unrealizable than the idea that a single state, let alone the globe itself, could be governed according to the dictates of an allegedly holy book. This mad scheme begins by denying itself the talents (and the rights) of half the population, views with superstitious horror the charging of interest, and invokes the right of Muslims to subject nonbelievers to special taxes and confiscations. Not even Afghanistan or Somalia, scenes of the furthest advances yet made by pro-caliphate forces, could be governed for long in this way without setting new standards for beggary and decline. ↗

— Christopher Hitchens

#caliphate #death-of-osama-bin-laden #fascism #islam #islamic-banking

Washington should revive international efforts begun during the Clinton administration to pressure countries with dangerously loose banking regulations to adopt and enforce stricter rules. ↗

— Kit Bond

#adopt #banking #begun #clinton #clinton administration

We've got activists all across the country like the members of the Million Mom March organization, some of their leaders are here tonight. We're phone banking congressional offices and pursuing editorial boards. ↗

— Michael D. Barnes

#activists #banking #boards #congressional #country