#banking

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

— Frederick Soddy

#business #capital #exists #great #money

We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises. ↗

— Lawrence Summers

#back #banking #century #crises #depression

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. ↗

— Frederick Soddy

#banking system #debt #deeper #ever #expansion

At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid. ↗

— James Buchan

#banking #banks #call #cannot #each

In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims. ↗

— William Greider

#crime #deeds #deregulated #does #finance

In my generation, except for a few people who'd gone into banking or nursing or something like that, middle-class women didn't have careers. You were to marry and have children and be a nice mother. You didn't go out and do anything. I found that I got restless. ↗

— Julia Child

#banking #careers #children #except #few

If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government. ↗

— George Osborne

#banking system #change #gone #government #learn

People rightly want our political leaders - on all sides - to concentrate on minimising the damage to jobs, living standards and our savings from the banking crisis. ↗

— Lucy Powell

#concentrate #crisis #damage #jobs #leaders

There's a loss of faith in the banking system that for so long has been the backbone of prosperity and growth. ↗

— Lucy Powell

#banking #banking system #been #faith #growth

We are in a situation with the huge stimulus package that's going to be spent all across this nation and a big financial crisis and banking crisis. And what we need is good, trained journalists who can play the role of watchdog. ↗

— Walter Isaacson

#banking #big #crisis #financial #financial crisis