Best economy & credit Quotes | Short & Famous Sayings

“Democrats can neither control nor predict whether our GOP counterparts are really ready to play chicken with the U.S. economy. But we can assure the American people that our party takes the nation's faith and credit seriously.”

People Play Nations Party Economy Ready Democrat Credit Chickens Counterparts Gop

Author:Peter Welch

“Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.”

Way Made Hard Problem Today Easy Millions Economy Creating Financial Credit Bubbles Contrast Housing Loan Calamity Mortgage Recessions Great Recession Housing Market Housing Bubble

Author:Mark Zandi

“The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.”

Needs Difficult Numbers Economy Findings Credit Firm Change For The Better Lag

Author:Alan Greenspan

“You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.”

Knows Mean Jobs Interest Wealth Economy Car Higher Raises Rate Credit Cards Payment Mortgage Credit Card New Job Interest Rate Car Payments

Author:William J. Clinton

“I think what grows the economy is when you get that tax credit that we put in place for your kids going to college. I think that grows the economy. I think what grows the economy is when we make sure small businesses are getting a tax credit for hiring veterans who fought for our country. That grows our economy.”

Thinking Country Kids Grows Economy College Taxes Credit Our Country Veteran Small Business Hiring Going To College

Author:Barack Obama

“But though Usury is in itself immoral, and justly condemned by every ethical code, its chief and worst defect in the particular case we are now examining, the growth of Capitalism and its increasing proletariat, is the centralization of irresponsible control over the lives of men: the putting power over the proletariat into the hands of a few who can direct the loans of currency and credit without which that proletariat could not be fed and clothed and maintained in work.”

Source: The Crisis Of Civilization

“The larger the unit of capital present, the easier the transaction called emission of credit. Centralized lending of this kind (which is today universal) actively promotes the absorption of the small man by the great, the reduction of small property owners to a proletarian condition.”

Men Kind Wisdom Today Politics Economy Conditions Easier Universal Property Credit Liberalism Owners Units Reduction Emissions Transactions Lending Absorption Small Man

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“The larger unit can borrow more easily in proportion than the smaller. It can especially tap bank credit more easily and bank credit is, to-day, the chief factor in economic activity of all kinds.”

Kind Wisdom Politics Economy Economic Activity Credit Factors All Kinds Chiefs Proportion Liberalism Units

Book:An Essay on the Restoration of Property

Source: An Essay on the Restoration of Property

“The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities, is not what the controllers of that credit call "interesting." He borrows with difficulty and upon high terms, and must pledge security out of all proportion to that which his richer rival has to put down.”

Men Wells Politics Term Interesting Economy Issues Modern Security Activity Difficulty Credit Proportion Liberalism Banking Rivals Pledge Banking System Controllers

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.”

Doe Sometimes Today Politics Term Lines Economy Easier Productions Credit Harm Access Scales Ruins Liberalism Units Rivals Large Scale

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.”

Way Needs Wisdom Politics Economy Credit Desperate Liberalism Denied

Author:Louis O. Kelso

“In the first place, it is obvious that not only is wealth concentrated in our times but an immense power and despotic economic dictatorship is consolidated in the hands of a few, who often are not owners but only the trustees and managing directors of invested funds which they administer according to their own arbitrary will and pleasure. This dictatorship is being most forcibly exercised by those who, since they hold the money and completely control it, control credit also and rule the lending of money.”

Firsts Hands Politics Wealth Pleasure Economy Economic Directors Obvious Credit Our Time Liberalism Owners Fund Immense Dictatorship Arbitrary Lending Trustees

Author:Pope Pius XI

“For there is no virtue, the honour and credit for which procures a man more odium from the elite than that of justice; and this, because more than any other, it acquires a man power and authority among the common people. For they only honour the valiant and admire the wise, while in addition they also love just men, and put entire trust and confidence in them.”

People Men Politics Justice Common Economy Virtue Wise Authority Credit Admire Liberalism Acquire Honour Elites Valiant

Author:Plutarch

“Access to the national dividend is usually to be had only on condition of some productive service previously rendered or of some product previously sold. This condition is, in this case, not yet fulfilled. It will be fulfilled only after the successful completion of the new combinations. Hence this credit will in the meantime affect the price level.”

Politics Levels Cases Economy Successful Conditions Products Credit Access Combination Liberalism Productive Fulfilled Completion Dividends

Book:The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

Source: The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

“If we are looking for one single action which will enable the poor to overcome their poverty, I would go for credit. Money is power. I have been arguing that credit should be accepted as a human right. If we can come up with a system which allows everybody access to credit while ensuring excellent repayment - I can give you a guarantee that poverty will not last long.”

“If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.”

Ifs World Kind Different Actors Politics Economy Economic Scene Universal Sells Credit Isolation Liberalism Labour Capitalist Connecting Helplessness

Author:Muhammad Yunus

“Without the parallel development of systems of monetary - and credit-based exchange - there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.”

Has Beens Form Economy Development Credit Primitive Parallels Could Have Been Monetary Organizational

Author:Peter Dicken

“In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property.”

Facts Economy Creation Property Cancer Currents Credit Mechanism Exaggeration Private Property Market Economy

Author:Maurice Allais

“I've watched politics for years. Republicans rarely get credit for the good things that happen in the economy during their watch. Democrats always get more credit than they deserve. They are just better at political discourse that we are.”

Years Happens Political Watches Economy Republican Deserve Good Things Democrat Credit Discourse Political Discourse

Author:George W. Bush

“The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.”

Ifs Want Littles Persons President Economy Influence Effects Blame Credit Cycles Reserves Federal Reserve

Author:Robert Fogel

“Given all the money printing that is going on globally - and not just in the US - and given that the total credit as a percent of the advanced economies is now 30% higher than in 2007 before the crisis hit, I think that gold is a good insurance.”

Thinking Given Economy Higher Percent Gold Crisis Credit Printing

Author:Marc Faber

“I mean the whole economy just comes to a grinding halt. Competence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. Indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing you think about. And the oxygen has been sucked out of the credit markets.”

Thinking Years Mean Has Beens Whole Economy Gone Five Minutes Institutions Credit Indispensable Oxygen Five Minutes Competence Halt

Author:Howard Warren Buffett

“The credit which the apparent conformity with recognized scientific standards can gain for seemingly simple but false theories may, as the present instance shows, have grave consequences.”

May Shows Simple Economy Theory Standards Consequence Gains Credit Graves Instance Conformity

Author:Friedrich August von Hayek

“We've incentivized people in the past to maybe turn their vehicles over, you know sooner rather than later. And in the United States with the squeeze on discretionary income and credit that even as the economy comes back there's probably more of a chance than not that it'll be a slower recovery on auto sales.”

People Knows States Past Turns Chance United United States Economy Credit Income Recovery Over You Vehicle People From The Past

Author:Alan Mulally

“Consumer spending is now plunging at serious-recession rate ... even if the rescue now in train succeeds in unfreezing credit markets, the real economy has immense downward momentum. In addition to financial rescues, we need major stimulus programs.”

Ifs Needs Real Economy Serious Succeed Majors Program Train Rate Financial Credit Spending Consumers Immense Rescue Momentum Stimulus Recessions

Author:Paul Krugman

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