Quotes & Sayings About Financial Assets

The irony of primary parent laws is that on the one hand feminists were arguing for women's equal rights to jointly-created career assets that emanated from the male financial womb, but arguing against men's equal rights to jointly-created children that emanated from the woman's child-bearing womb. — Warren Farrell

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy. — Hyman Minsky

A global financial cabal engineered a fraudulent housing and debt bubble [2008], illegally shifted vast amounts of capital out of the US; and used 'privatization' as a form of piracy - a pretext to move government assets to private investors at below-market prices and then shift private liabilities back to government at no cost to the private liability holder Clearly, there was a global financial coup d'etat underway. — Catherine Austin Fitts

Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements. — Alex Berenson

Each and every component that makes up your life experience is drawn to you by the powerful Law of Attraction's response to the thoughts you think and the story you tell about your life. Your money and financial assets; your body's state of wellness, clarity, flexibility, size, and shape; your work environment, how you are treated, work satisfaction, and rewards - indeed, the very happiness of your life experience in general - is all happening because of the story that you tell. — Esther Hicks

You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically. — Marc Faber

Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature. — Seth Klarman

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money. — Bill Gross

Switzerland has one of the highest per capita incomes in the world, the strongest currency and the largest financial center for foreign assets. And we're a small country with no natural resources. Switzerland is the world capital of dealing in stolen goods. — Jean Ziegler

We've had a number of economists supporting our legislation. And here's where we are. The American people can judge. Six largest financial institutions in America today have assets of roughly $10 trillion; equivalent to 58 percent of the GDP of the United States of America. — Bernie Sanders

After the 11 September attack," March editorializes one morning, "amid all that chaos and confusion, a hole quietly opened up in American history, a vacuum of accountability, into which assets human and financial begin to vanish. Back in the days of hippie simplicity, people liked to blame 'the CIA' or 'a secret rogue operation.' But this is a new enemy, unnamable, locatable on no organization chart or budget line
who knows, maybe even the CIA's scared of them. — Thomas Pynchon

The majority of the employees here are civilians," explained my Alderman guide/protector/companion/would-be-executioner as we strode without a word to the security guards through the foyer towards the lifts. "They conduct themselves within perfectly standard financial services and regulations. There is one specialist suboperational department catering to the financing of more ... unusual extra-capital ventures, and the executive assets who operate it have to undergo a rigorous level of training, psyche evaluation, personality assessment, and team operational analyses."
We stared at him, and said, "We barely understood the little words."
"No," he replied, "I didn't think you would. — Kate Griffin

Things change, not only in one's life but also in the economy
and on the political scene, and it pays to be aware. Is the foundation
of your financial house secure, with an income that is
guaranteed? Have you built solid walls, investing appropriately,
and keeping inflation at bay? Are you living under a reliable
roof, with assets positioned to grow? Is your house insulated
and sturdy, safe from any economic storm? — Christopher K. Abts

Ironically, the universities have trained hundreds of thousands of graduates for jobs that soon will not exist. They have trained people to maintain a structure that cannot be maintained. The elite as well as those equipped with narrow, specialized vocational skills, know only how to feed the beast until it dies. Once it is dead, they will be helpless. Don't expect them to save us. They do not even know how to ask the questions, And when it all collapses, when our rotten financial system with its trillions in worthless assets implode and our imperial wars end in humiliation and defeat, the power elite will be exposed as being as helpless, and as self-deluded, as the rest of us. — Chris Hedges

[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions ... the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013 — Janet Yellen

Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt. — Alex Berenson

Almost every Fed chairman in the past 60 years has manipulated
interest rates to brighten the economic outlook for incumbent presidents
or newly elected presidents who won by large margins. The
purchasing power of the U.S. dollar has fallen 94 percent in the past
100 years. The only way you can create inflation is by creating more
money that is backed by the same reserve assets; the Fed is the only
entity that can create more money. Ben Bernanke's quantitative easing
(QE) programs have pumped billions of unfunded dollars into the
economy, thereby setting us up for massive inflation in the very near
future. If this isn't a form of financial terrorism, it is incompetence of the highest order. — Ziad K. Abdelnour

So many guys try to show off to a girl by boasting of their financial assets and flashing their cash around etc, but a girl who makes her own money and is building her own empire is not impressed by such things. -Show me the integrity not the money. — Miya Yamanouchi

The Catholic church, once all her assets have been put together, is the most formidable stockbroker in the world. The Vatican, independently of each successive pope, has been increasingly orientated towards the U.S. The Wall Street Journal said that the Vatican's financial deals in the U.S. alone were so big that very often it sold or bought gold in lots of a million or more dollars at one time. — Avro Manhattan

Time, not money, is your biggest asset in life. You need time to invest in relationships (with yourself and your family) or to chase your passion.
"Think again" if you are still trading off time for money.
Let your money work for you. You don't work for money. That is exactly what Financial Freedom is ... — Manoj Arora

In the top centile, by contrast, financial and business assets clearly predominate over real estate. In particular, shares of stock or partnerships constitute nearly the totality of the largest fortunes. Between 2 and 5 million euros, the share of real estate is less than one-third; above 5 million euros, it falls below 20 percent; above 10 million euros, it is less than 10 percent and wealth consists primarily of stock. — Thomas Piketty

Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth. — Eric Kierans

Housing is the favorite investment of the middle class and moderately well-to-do, but true wealth always consists primarily of financial and business assets. — Thomas Piketty

Sustainability is today's freedom crusade, because the next generation will not live free - will not have the freedom to pursue its economic dreams or to delight in all that nature has to offer - if our approach to the financial world and the natural are not grounded in sustainable values. That lack of sustainability will constrict everything in our lives. It will limit everything we might want to do. Unless we become less dependent on hydrocarbons, and unless we find a balance between the need for markets to be free enough to reward innovation and risk-taking but not so free as to reward recklessness that can destabilize the whole global economy, our lives will be reduced, redacted, and restricted. We will be overwhelmed by all the toxic assets we will produce in the Market and in Mother Nature. It will feel worse than had the Soviet Union won the Cold War, because we and our children will be enslaved by our financial debts and constricted by our ecological debts. — Thomas L. Friedman

No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mortgages and two-thirds of the credit cards. That is too much wealth and power in the hands of a few. If Teddy Roosevelt were alive today he'd tell us to 'break them up.' And he'd be right. These huge banks must be broken up. — Bernie Sanders

Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead. — Thomas Frank

Th e average person spends much of his or her lifetime building
financial security, but it can be lost, never to be regained. That's
why you need to carefully assess your definition of financial
security and make sure it is realistic for the goals that you have
set. You can take the necessary steps to put that plan in place,
and never lose that financial security, and to pass on your values
and assets to the coming generations. — Christopher K. Abts

Your assets are your employees. Invest more on those performing well. Let the non performers go. — Manoj Arora

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. — Virginia Postrel

As countries get wealthier - all of them, together - you're going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they're too highly valued, or too leveraged. — Jamie Dimon

All I can do is assess the value from Manchester United perspective. Whatever Chelsea do, they may have a different criteria, and different financial assets. — David Gill

In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables. — Dale T. Mortensen

People with low financial literacy standards are often unable to take their ideas and create assets out of them. — Robert Kiyosaki

Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together. — Robert Reich

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. — Peter Schiff

We believe in a strong dollar ... Chinese financial assets are very safe. — Timothy Geithner

You can't have the space for prosperity and success when you are obsessed with security. It is not possible to obtain unwavering security - physical, emotional, or economic - by having money. Keep in mind that security, like success, can be defined in many ways. If you focus less on how much your financial assets are worth, and more on what a creative and well-balanced individual you can be, security will take on a new meaning. — Ernie J Zelinski

It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries. — Thomas Piketty

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts. — Suze Orman

For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate of the Bank of Canada was to maintain a delicate balance between encouraging growth and fighting inflation, the Bank opted to focus exclusively on fighting inflation. In doing so it came down heavily in favour of those with financial assets to protect, and against those whose primary need was employment. — Linda McQuaig

A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms. — Nouriel Roubini

wealth in the rich countries is currently divided into two approximately equal (or comparable) parts: real estate and financial assets. — Thomas Piketty