Bank Quotes

If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.

Non-trivial understanding of the financial sector, credit, and the banking system.

The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.

Every time a bank swoops down to snatch up a home, it should be met with a crowd of jeering, obstructive neighbors. And although this may be point 4.5, how about organizing a mass refusal to pay back student loans?

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.

Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.