Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Former Olympians also get paid to make appearances. Many of them won their medals in an era when Olympic success didn’t go hand-in-hand with financial success.
Art collecting has traditionally been the domain of wealthy individuals in search of rewards beyond the purely financial.
After all, Wall Street is clearly the most powerful lobbying force on Capitol Hill. From 1998 through 2008, the financial sector spent over $5 billion in lobbying and campaign contributions to deregulate Wall Street.
In these difficult financial times for so many of our districts, as our local leaders strive to balance their budgets by cutting services, we would be irresponsible not to invest in the arts.
Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.
The facts are the vice president’s company that he was CEO of, that did business with sworn enemies of the United States, paid millions of dollars in fines for providing false financial information, it’s under investigation for bribing foreign officials.
I wasn’t a financial pro, and I paid the price.
Without doubt, timely and democratic access to financial and market information contributes to smoothly functioning financial markets.
I think what is happening is I think first of all there is confidence in the U.K. economy. We’re in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we’re also beginning to see real evidence of rebalancing.
I thought to myself, ‘All right, let’s take a look at your resume. You have no financial background. You have basketball, that’s what you have, for your whole life.’
Schools still operate as if all knowledge is contained in books, and as if the salient points in books must be stored in each human brain – to be used when needed. The political and financial powers controlling schools decide what these salient points are.
One of the special characteristics of New York is that it is different from a London or a Paris because it’s the financial capital, and the cultural capital, but not the political capital.
If you’re not staying on top of your money, you are putting your financial well-being at risk.
I don’t want to talk about the regulation of financial markets because that is not my sphere of expertise. It’s a very complicated topic, and if I have written a number of books they are always on topics that I think I know something about.
We live in an age of great jitteriness in the financial markets. And there’s no doubt at all, I think, that the volume of computer-traded stocks has helped contribute to that.
But with lots of good ideas, implementation is the key, and so we need to keep our eye on the ball as we go forward and make sure that people honor their pledges in terms of financial commitments, and that we actually use this money so that it makes a real difference.
The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.
Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.
Businesses and households react to lower rates by investing and spending more. Lower rates also support the prices of housing and financial assets such as stocks and bonds.
I think Russell Brand’s books should be criticised for being rubbish – but it is true that there’s a professional class of opinion-former who has a financial interest in their job not being taken away.
The culture of self-gratification and deregulation that began during the Clinton years and continued under President George W. Bush led to the bursting of one stock market bubble at the turn of the century and a full-scale financial crash less than a decade later.
There no longer can be any doubt that the creation of the first index mutual fund was the most successful innovation – especially for investors – in modern financial history.
So basically my, my foundation does this thing called gap coverage for, you know, students that apply for our scholarship program. What it means, it’s not like quote, unquote ‘full scholarship.’ They apply for financial aid and, and FAFSA and things like that. Then whatever’s not covered, my foundation covers.
Racism is a way to gain economic advantage at the expense of others. Slavery and plantations may be gone, but racism still allows us to regard those who may keep us from financial gain as less than equals.
Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a macro-prudential approach to supervision and regulation needs to play the primary role.
Our economy is increasingly dependent on the success and integrity of the financial markets.
Help is even being offered from across the ocean, as over two dozen countries have stepped forward to offer financial and material support to the American people.
Greed is not a financial issue. It’s a heart issue.
Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.
As far as your personal goals are and what you actually want to do with your life, it should never have to do with the government. You should never depend on the government for your retirement, your financial security, for anything.
I think people don’t realise that running a piece of code that verifies some conditions for a financial transaction, that by itself is a lot less work than verifying a cryptographic signature, and so even if the virtual machine is inefficient, the cryptographic signature is still going to dominate.
We don’t have the money in America to keep paying for the education of everybody else’s children from around the world. We simply don’t have the financial resources to do that.
The richer you are and the more financial advisers you employ, the less likelihood there is that you can ever discover what you are really worth.
‘Flying Down to Rio’ established RKO as a leader in musical film production throughout the 1930s. The film helped to rescue the studio from its financial straits and it gave a real boost to my movie career.
The Republicans are looking after the financial interests of the wealthiest individuals in this country.
I don’t put Tesla in the Amazon category. They have not proved to me that, as a financial model and an economic model, it is going to work.
Imagine the world of mobile based on Nokia and Motorola if Apple had not been restarted by a missionary entrepreneur named Steve Jobs who cared more for his vision than being tactical and financial.
As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.
I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.
The more Mr. Putin extends the fighting in eastern Ukraine, the more the financial markets will ratchet up their own pressure on Russia.
Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its best form, impact investing prioritizes impact over returns and achieves outcomes that traditional investing cannot.
We can be certain that cities around the world will compete for the jobs that the next revival of the financial services industry will bring.
There’s every financial incentive in the world to stay in the conservative movement forever.
We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.
The financial crisis revealed important weaknesses in many areas of our financial system.
As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money.
If you don’t have a functioning financial system the world economy won’t be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.
