Banks Quotes

“Banks should actively encourage companies that are doing a good job on environmental and social fronts. Banking for community development is the banking of future.”

“In the past people used to rob banks, now the banks rob the people.”

“The most famous and one of the most thoroughgoing opponents of bank credit was Thomas Jefferson. Jefferson reacted to the panic of 1819 as a confirmation of his pessimistic views on banks.”

“He tried to read an elementary economics text; it bored him past endurance, it was like listening to somebody interminably recounting a long and stupid dream. He could not force himself to understand how banks functioned and so forth, because all the operations of capitalism were as meaningless to him as the rites of a primitive religion, as barbaric, as elaborate, and as unnecessary. In a human sacrifice to deity there might be at least a mistaken and terrible beauty; in the rites of the moneychangers, where greed, laziness, and envy were assumed to move all men's acts, even the terrible became banal.”

“Myth: Bail-in plans would recapitalize big banks. Fact: big banks are far too insolvent to remotely be in a position for such restoration.”

“The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.”

“Those that think banks and governments are making them poor haven't seen the whole picture. Poverty is the act of trusting their system.”

“Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit.”

“The creed of greed:Great Revenue Every Everlasting Day.(IN BANKS WE TRUST)”