Home / Topics / Consequence Quotes

Consequence Quotes

Browse 2964 quotes about Consequence.

Consequence Quotes

“The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.”

“Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.”

Source: The Political Economy of International Relations

“One of the most insidious consequences of the present burden of personal income tax is that it strips many middle class families of financial reserves & seems to lend support to campaigns for socialized medicine, socialized housing, socialized food, socialized every thing. The personal income tax has made the individual vastly more dependent on the State & more avid for state hand-outs. It has shifted the balance in America from an individual-centered to a State-centered economic & social system.”

“I think that will only really change when the human races begins to suffer some of the extremely severe consequences of climate change which may be some decades ahead. They will then realise, as we have with the financial crisis, that we are up against the wall and hitting the buffers and we have got to change.”

Thinking Humans May Suffering Race Wall Consequence Crisis Climate Climate Change Financial Decades Human Race Realising Hitting Severe Financial Crisis

Author:Michael Meacher

“Financial crises are an unfortunate but necessary consequence of modern capitalism.”

Modern Capitalism Consequence Crisis Financial Unfortunate Financial Crisis

Author:Andrew Lo

“As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules.”

Action Social Felt Consequence Financial Justified Participants Financial Markets

Book:Open Society Reforming Global Capitalism Reconsidered

Source: Open Society Reforming Global Capitalism Reconsidered

“It's extremely hard to know what the economic consequences of any decision will be. And I'm not a, a, a financial analyst, so I, I generally don't try to make some kind of prediction about that.”

Knows Trying Kind Hard Decision Economic Consequence Financial Predictions Analysts

Author:Naomi Oreskes

“I also want to raise the possibility that there are, in the very long term, "virtue effects" in economics- for instance that widespread corrupt accounting will eventually create bad long term consequences as a sort of obverse effect from the virtue-based boost double-entry book-keeping gave to the heyday of Venice. I suggest that when the financial scene starts reminding you of Sodomand Gomorrah, you should fear practical consequences even if you like to participate in what is going on.”

Ifs Want Should Long Book Term Virtue Effects Possibility Scene Consequence Economics Raises Financial Practicals Instance Long Term Venice Entry Accounting Reminding Boost Heyday

Author:Charlie Munger

“If you're a realist, you know that people have different roles to play in politics, economics, and this is an important role, but I do think that there has to be an understanding of how what happens here on Wall Street has such broad consequences not just for the domestic but the global economy, so more thought has to be given to the process and transactions and regulations so that we don't kill or maim what works, but we concentrate on the most effective way of moving forward with the brainpower and the financial power that exists here.”

“We must continue to insist to our better off brothers and sisters that they are in the same racial boat as their less better off kin. Even elevated class status and superior financial standing cannot ward off the effects and consequences of racism.”

Brother Racism Consequence Financial Boat Brothers And Sisters

Author:Michael Eric Dyson

“Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional activities as banks try to rebuild their balance sheets.”

Trying Years Loss Modern Balance Activity Consequence Aspect Investment Financial Scales Traditional Gambling Massive Sheets Banking Lending Retail Casinos Balance Sheets Investment Banking

Author:Vince Cable

“Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed.”

People Way Giving Time Hope Fear Money Common Subjects Consequence Investment Greed Investing Financial Tendencies Finance Professors Irrational Speculation Gamble Gamer Fluctuation

Author:Benjamin Graham