Best economy & financial Quotes | Short & Famous Sayings

“The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric pollution, the economists then frightened themselves with the sort of financial crisis they said they had abolished.”

Said Political Economy Modern Crisis West Financial Ideology Frightened Pollution They Said Economist Prevailing Financial Crisis Political Economy

Author:James Buchan

“I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity.”

Government Economy Saws Activity Weak Crisis Financial Excuse Restraint Entrepreneurial Financial Crisis

Author:Rob Portman

“Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.”

Years Levels Economy Streets Dangerous Wall Percent Financial Billions Productive Gambling Speculation Deficit Fees

Author:Bernie Sanders

“The whole financial industry is consolidating in the United States.”

States Whole United United States Economy Industry Financial

Author:Sanford I. Weill

“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

“In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.”

Values Lost Economy Greater Possibility Financial Spending Assets Household Signals Caution Momentum Weakening Financial Markets

Author:Alan Greenspan

“Economy is the first and great article (economy such as I understand it) in my financial creed. The controversy between direct and indirect taxation holds a minor, though important place.”

Firsts Important Economy Direct Financial Articles Creeds Minors Great Art Taxation Controversy Indirect Direct And Indirect

Author:William E. Gladstone

“There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.”

Want Littles Long Ends Government Waiting Economy Risk Lessons Crisis Financial Spending Damage Get Away More Money Underestimate Financial Crisis

Author:Timothy Geithner

“Even more fundamental than housing to the global financial economy is the idea that the U.S. government is a safe asset.”

Ideas Government Economy Safe Fundamentals Financial Assets Housing

Author:Ezra Klein

“As the United States continues its slow but steady recovery from the depths of the financial crisis, nobody actually wants a massive austerity package to shock the economy back into recession, and so the odds have always been high that the game of budgetary chicken will stop short of disaster. Looming past the cliff, however, is a deep chasm that poses a much greater challenge -- the retooling of the country's economy, society, and government necessary for the United States to perform effectively in the twenty-first century.”

“The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.”

Ifs World Real Enough Understanding Interest Economy Worst Essentials Lows Economics Rate Financial Zero Messed Up Interest Rate World Economy Financial System

Author:Paul Krugman

“With the increasingly important role of intelligent machines in all phases of our lives--military, medical, economic and financial, political--it is odd to keep reading articles with titles such as Whatever Happened to Artificial Intelligence? This is a phenomenon that Turing had predicted: that machine intelligence would become so pervasive, so comfortable, and so well integrated into our information-based economy that people would fail even to notice it.”

Source: The Age of Spiritual Machines: When Computers Exceed Human Intelligence

“The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.”

Real Problem Lying Ability Economy Serious Labor Essence Financial Debt Saving Spheres Factories Bubbles Estates Savings Overhead Bond Market

Author:Michael Hudson

“Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation." "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.”

“We must see that it is foolish, sinful and suicidal to destroy the health of nature for the sake of an economy that is really not an economy at all but merely a financial system, one that is unnatural, undemocratic, sacrilegious, and ephemeral.”

Economy Sake Financial Foolish Suicidal Unnatural Ephemeral Financial System Sacrilegious

Book:The Art of the Commonplace: The Agrarian Essays of Wendell Berry

Source: The Art of the Commonplace: The Agrarian Essays of Wendell Berry

“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.”

Wells Growth Economy Financial Congress Missions Critical Employment Preserves Stability Efficient Stable Maximum Output Financial System Price Stability

Author:Ben Bernanke

“I've been a strong financial and political supporter of, first, President Bush Sr. when he was running for president, and even when he ran for president a time or two and failed.”

Firsts Two Running Political Strong President Economy Financial Ran Supporter President Bush

Author:Kenneth Lay

“I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months, and we've had the most amazing financial results possible over the last five years, and we're predicting being back at double-digit revenue growth in fiscal year '06.”

Years Lasts Next Growth Results Company Economy Five Months Financial Five Years Revenue Most Amazing Predicting Pipeline Last Five Years Financial Results

Author:Steve Ballmer

“A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.”

Real Past Economy Activity Essentials Financial Decades Features Operations Transactions Financial Services

Book:Global Shift: Reshaping the Global Economic Map in the 21st Century

Source: Global Shift: Reshaping the Global Economic Map in the 21st Century

“Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies”

“When Hillary Clinton talks about adding more restrictions and complexity to our financial system, as she did in her economic policy speech, it shows how clueless she is about how the economy actually works.”

Shows Economy Economic Policy Speech Clinton Financial Complexity Restriction Economic Policy Clueless Financial System

Author:Carly Fiorina

“The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer confidence and pressuring US financial markets and institutions.”

Acting Economy Europe Crisis Institutions Financial Consumers Affected Drag Weighing Financial Markets Consumer Confidence

Author:Ben Bernanke

“You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work.”

Thinking Knows Economy Plans Medicine Incredibles Financial Recovery Crucial Rescue Housing Packages Stimulus Comprehensive

Author:Christina Romer

“The multiple failings of our flawed financial sector are jeopardizing, not only the retirement security of our nation's savers but the economy in which our entire society participates.”

Nations Economy Failing Security Investing Financial Retirement Multiple Flawed

Author:John C. Bogle

“We grow our own source revenue base, we put ourselves into a stronger financial position and so this budget is unashamedly going to be about focusing on ensuring that we continue to grow our economy and create jobs.”

Jobs Grows Economy Position Source Stronger Financial Budgets Revenue

Author:Peter Gutwein

“If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”

Ifs Political Politics Economy Position Activity Authority Institutions Financial Tendencies Fringe Disruptive Constrain Financial Institutions

Author:Hyman Minsky

“The financial history of the Baltimore and Ohio since the close of the nineteenth century is interesting chiefly in connection with changes in the control of the property”

Interesting Economy Century Connections Property Financial Nineteenth Century Ohio Baltimore

Book:The Railroad Builders: A Chronicle of the Welding of the States

Source: The Railroad Builders: A Chronicle of the Welding of the States

“For a small open economy such as Cyprus, the euro adoption provides protection against international financial turmoil, which often has a disproportionate effect on smaller economies.”

Economy Financial International Protection Adoption Turmoil Euro Cyprus

Author:Jean-Claude Trichet

“The recent trading environment has felt something like walking into a place and having a sense that something is wrong and dangerous but not knowing exactly what will happen or when. “QE Infinity” has so distorted the prices of stocks and bonds that nobody can possibly determine what the investing landscape would look like, or what the condition of the economy and financial system would be, in the absence of Fed bond-buying.”

Looks Happens Would Be Felt Economy Knowing Environment Conditions Dangerous Walking Investing Financial Determine Absence Landscape Buying Feds Infinity Not Knowing Trading Financial System

Author:Paul Singer

“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

“The world economy is more stable than for a generation ... Our hugely sophisticated financial markets match funds with ideas better than ever before.”

World Ideas Economy Generations Financial Fund Stable Sophisticated Financial Markets World Economy

Author:David Cameron

“We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.”

May Economy Financial International Evolve Bells Prudence Peril Formidable Financial System

Author:Alan Greenspan

“Inappropriate macro economic policies in some economies, characterised by [a] low savings rate and high consumption [and] failure of financial supervision and regulation to keep up with innovation which allowed financial derivatives to spread.”

Economy Economic Policy Lows Innovation Rate Financial Spread Saving Regulation Consumption Savings Inappropriate Derivatives Economic Policy Supervision Macro

Author:Wen Jiabao

“The financial markets play an active role in determining what's going to happen, how the economy is going to function.”

Play Happens Roles Economy Function Financial Active Financial Markets

Author:George Soros

Economy Quotes

Related topics

Economy Quotes