“In certain parts of the world - where I'm at right now in New York, you're going to pay a whole lot more. In Los Angeles, your average starter home is a million dollars. So I need more money in Los Angeles to live like a normal person. If I live in another city, Iowa maybe, I wouldn't need as much.” IfsWorldNeedsPersonsWholeHomeCertainPayCitiesMillionsNew YorkRight NowNormalDollarsAverageLos AngelesMore MoneyMillion DollarsIowaStarters Author:Karrine Steffans
“Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.” ThinkingAbleEconomyRight NowLowsPercentSevenRateConsumersPocketsMore MoneyMortgageRefinance Author:Franklin Raines
“Who would you trust right now? Which bank would you trust? Which investment would you trust? Do you really want to put your money; do you want to suffer more of these losses that we just had? You know, these volatility that we see is just unexplainable by any rational standards. Nobody has any clue about how to explain this, and nobody wants to experience that. So, we hold more money back, we don't necessarily want to invest in the market and by default, people are saving more.” PeopleKnowsWantSufferingLossRight NowStandardsInvestmentRationalSavingMore MoneyClueDefaultVolatilityUnexplainable Author:Dan Ariely
“There's a lot of money being generated by nerds right now. Bill Gates, Mark Zuckerberg, the list goes on and on. Nerds make more money than our government. And with money comes power.” GovernmentGoes OnRight NowMarkBillsListsGatesMore MoneyLots Of MoneyNerdZuckerberg Author:Chris Hardwick
“We are in tough economic times right now, and the first thing we have to do is look at how we're spending the dollars that we have, and at what kind of return on investment we're getting. Because I think it will show that spending more money without fixing the fundamental flaws in the system won't produce anything different in terms of results. In DC, we were spending a whole lot of money on things that had no positive impact on students' achievement levels.” ThinkingFirstsLooksKindDifferentWholeShowsTermLevelsResultsEconomicStudentsProduceReturnRight NowAchievementToughFundamentalsImpactDollarsInvestmentSpendingFlawsMore MoneyLots Of MoneyFixingPositive ImpactReturn On InvestmentStudent AchievementTough Economic Times Author:Michelle Rhee