“The best thing I have are 5 percent bonds from 1780, denominated from $1 to $20. As far as I can tell, they are obligations from the United States of America, so I should be able to walk down to the Federal Reserve and redeem the uncanceled ones. With 217 years of accrued interest, for a $20 bond, that's about $800,000.” ShouldYearsI CanStatesAbleAmericaInterestWalksUnitedUnited StatesPercentObligationBest ThingsReservesUnited States Of AmericaFederal Reserve Author:Andrew Tobias
“Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if it squashed Iraq, it would control the oil of the Middle East and consequently hold the oil in its hands [and] fix its price the way it likes.” IfsWorldWayBelieveHandsAmericaMiddlePercentIraqOilEastLikesControlledMiddle EastReserves Author:Saddam Hussein
“The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.” CountryWholeFactsHelpingSeemsGovernmentFallInterestPoorAttentionStreetsWallAmountBedTenPercentEconomicsPaidRaisesStructureMereFinancialIceNightmareFarmersReservesLoanSkatingFederal ReserveSkating On Thin Ice Author:Will Rogers
“We consume about 25 percent of the world's oil. We only have 2 percent of the reserves.” WorldPercentOilReserves Author:Barack Obama
“I have criticized it [Europe], but I repeat: we keep 40 percent of our gold and foreign currency reserves in euros, we are not interested in the collapse of the Eurozone, but I do not rule out the possibility of decisions being made that would consolidate a group of countries equal in economic development and this, in my opinion, will lead to a consolidation of the euro. But there can also be some interim decisions in order to keep the present number of members of the Eurozone unchanged.” MadeCountryOrderDecisionNumbersOpinionGroupsEconomicPossibilityDevelopmentEqualMembersPercentEuropeGoldRepeatsCollapseNot InterestedCurrencyReservesEuroEconomic DevelopmentConsolidationEurozoneInterim Author:Vladimir Putin
“This is also evident in Europe, not the dependence on oil and gas, but the fact that structural reforms are long overdue, and I think that the leading economies are very pragmatic and efficient in addressing the issues facing the European economy. That is why we keep approximately 40 percent of our gold and foreign currency reserves in euros.” ThinkingLongFactsEconomyIssuesPercentEuropeGoldOilReformGasEfficientCurrencyReservesDependenceEvidentPragmaticEuroOverdueOil And Gas Author:Vladimir Putin
“Speaking about our largest oil company Rosneft, and I recalled in the beginning that almost 20 percent of it [19.7] belongs to BP. Who's company is that? British Petroleum, isn't it? I suppose that is not bad. I have to tell that British Petroleum's capitalization is significantly related to the fact that it owns more than 19 percent of Rosneft, which has vast oil reserves both in Russia and abroad. This has its impact on the company's stability as well.” WellsFactsCompanyPercentImpactBritishOilRussiaRelatedStabilityReservesOil CompaniesPetroleumCapitalization Author:Vladimir Putin