Banking System quotes:

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The modern banking system manufactures money out of nothing. -- Josiah Stamp
There's a loss of faith in the banking system that for so long has been the backbone of prosperity and growth. -- Lucy Powell
If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan. -- Kenneth Fisher
Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system. -- Ben Bernanke
We don't have a good legal justification for breaking up the banking system. But if I could wave a magic wand, I'd break up the banking system. -- Kenneth C. Griffin
If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government. -- George Osborne
The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance. -- Ron Chernow
There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. -- Frederick Soddy
What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line. -- Tyler Cowen
The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow. -- Nicos Anastasiades
The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile. -- James Chanos
You can't fall back on the private sector and say, 'You take care of the nation's banking system.' That's a fundamental function of the government, the Federal Reserve, the Treasury and the FDIC, etc. All of those agencies have a major role to play there. -- Dick Cheney
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. -- Manmohan Singh
By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate. -- John Podhoretz
Is this complicated, risky [banking] system the best we can have? -- Anat R. Admati
Only put money in the banking system that you can afford to lose! -- Max Keiser
Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion. -- Bill Vaughan
The lifeblood of the economy is that the banking community is a circulatory system for American capitalism. -- Anthony Scaramucci
A banking system is an act of faith: it survives only for as long as people believe it will. -- Michael Lewis
I do think that the banking system is now in the most perilous state we've seen in over 70 years. -- Nigel Farage
It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation. -- Henry Paulson
The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. -- Josiah Stamp
The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families. -- Elizabeth Warren
We dont have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system. -- Kenneth C. Griffin
You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent. -- Nouriel Roubini
The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system -- Thomas Jefferson
In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are using their mobile phones. -- Maurice Levy
Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring. -- John Adams
You're having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system. -- Michael Hudson
Among the largest banks, the capital ratios remain good and I donâ??t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system. -- Ben Bernanke

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