High Interest Rates Quotes & Sayings

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms. — Franklin Raines

Sometimes they do things to make me do the opposite of what they think, I think, they think, I am going to do. — James Dashner

Sharecropping is the dirty little secret at the root of America's wealth - along with slavery itself. The immense profits generated by the industrious yet impoverished Black "sharecroppers" and "tenant farmers" financed Europe's and America's Industrial Revolution, including the building of their railroads, factories, mills, and their entire infrastructure. It is truthfully asserted that the major cities of America and the Western world were "built with bricks of cotton." Today the debt traps designed to ensnare the working poor and middle class in a lifelong cycle of debt - the high-cost installment loans that charge usurious interest rates of 100% or more, the "payday" loans that charge 400% interest, the extortionate credit card multi-charges, the subprime mortgages with ballooning interest rates, and the home equity loan swindles - are the bastard children of the sharecropping American South. It — Reclamation Project

The way I see it, the longer I live here the less of a choice you will all have not to hire me for plays. — Lindsay Lohan

The artistic capability of reinforced concrete is so fantastic - that is the way to go. — Oscar Niemeyer

[Australian Reserve Bank] Governor MacFarlane said recently when Paul Volcker broke the back of American inflation it's regarded as the policy triumph of the Western world. When I broke the back of Australian inflation they say, "Oh, you're the fellow that put the interest rates up." Am I not the same fellow that gave them the 15 years of good growth and high wealth that came from it? — Paul Keating

I wish I had more time to visit schools. — Cornelia Funke

Effective communication is 20% what you know and 80% how you feel about what you know. — Jim Rohn

Some people are born empty. All manner of good deeds and patience and loving kindness can't even begin to fill them up. — Marlena De Blasi

I no longer hated the whining, menacing dragonfly we rode in, but admired its grace as we surged towards the clouds, the lights of Edinburgh twinkling below us like the starry constellations of a world upside down. — Rosie Pugh

We're always being made promises,' she said. 'You make them yourself
and you listen to others giving theirs. Politicians are always going
on about providing a better quality of life for people as they get older,
and a health service in which nobody ever gets bedsores. Banks promise
you high interest rates, some food promises to make you lose weight if
you eat it, and body creams guarantee old age with fewer wrinkles. Life
is quite simply a matter of cruising along in your own little boat through
a constantly changing but never-ending stream of promises. And how
many do we remember? We forget the ones we would like to remember,
and we remember the ones we'd prefer to forget. — Henning Mankell

Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score. — Suze Orman

Foolishness is indeed the sister of wickedness. — Sophocles

A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor. — Linda McQuaig

Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest. — Barbara Ehrenreich

Near the top of the market, investors are extraordinarily optimistic because they've seen mostly higher prices for a year or two. The sell-offs witnessed during that span were usually brief. Even when they were severe, the market bounced back quickly and always rose to loftier levels. At the top, optimism is king, speculation is running wild, stocks carry high price/earnings ratios, and liquidity has evaporated. A small rise in interest rates can easily be the catalyst for triggering a bear market at that point. — Martin Zweig

If we are going to create a financial system that works for all Americans, we have got to stop financial institutions from ripping off the American people by charging sky-high interest rates and outrageous fees.
In my view, it is unacceptable that Americans are paying a $4 or $5 fee each time they go to the ATM.
It is unacceptable that millions of Americans are paying credit card interest rates of 20 or 30 percent.
The Bible has a term for this practice. It's called usury. And in The Divine Comedy, Dante reserved a special place in the Seventh Circle of Hell for those who charged people usurious interest rates.
Today, we don't need the hellfire and the pitch forks, we don't need the rivers of boiling blood, but we do need a national usury law. — Bernie Sanders

The key is if the economic data stays soft, maybe we don't have to worry much about interest rates anymore. Then we need to worry about earnings. What gave us a really strong move in stock prices from late May until about two weeks ago was this heightened optimism that maybe interest rates are at that high. That gave you a relief rally. Now reality is setting in - if we've seen the worst on interest rates then we've seen the best on earnings. — Douglas Cliggott

When indeed Religion is kindled into enthusiasm, its force like that of other passions is increased by the sympathy of a multitude. But enthusiasm is only a temporary state of Religion, and whilst it lasts will hardly be seen with pleasure at the helm. Even in its coolest state, it has been much oftener a motive to oppression than a restraint from it. — James Madison

During the Asian financial crisis the United States and other Western countries demanded that the Asians take three steps
let bad banks fail, keep spending under control, and keep interest rates high. In it own crisis, the West did exactly the opposite on all three fronts. — Fareed Zakaria

Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay out of trouble. And they seldom need to borrow when interest rates are high. — Nancy Dunnan

We do not attract Russian money to Luxembourg with high interest rates. — Jean-Claude Juncker

The risk is that as we come out of this recession, we'll have so much debt to finance, we'll either have to have inflation or very high interest rates to continue to borrow the money, or both. That's a risk. — William J. Clinton

The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure. — William Vickrey

I never expected any sort of success with 'Mockingbird' ... I sort of hoped someone would like it enough to give me encouragement. — Harper Lee

The spiders, honeybees, yellow jackets, and mud daubers: these insects still speak - a language that is older than humans. The buffalo, elk, wolf, coyote -they still talk too. It's we, the people, who have forgotten how to listen.

[Osage Spider Story, an Osage Legend, told by Archie Mason, Jr] — Jill Max

The International Monetary Fund basically acted as the world's debt enforcers - "You might say, the high-finance equivalent of the guys who come to break your legs." I launched into historical background, explaining how, during the '70s oil crisis, OPEC countries ended up pouring so much of their newfound riches into Western banks that the banks couldn't figure out where to invest the money; how Citibank and Chase therefore began sending agents around the world trying to convince Third World dictators and politicians to take out loans (at the time, this was called "go-go banking"); how they started out at extremely low rates of interest that almost immediately skyrocketed to 20 percent or so due to tight U.S. money policies in the early '80s; how, during the '80s and '90s, this led to the Third World debt crisis; how the IMF then stepped in to insist that, in order to obtain refinancing, poor countries would be obliged to abandon price supports on — David Graeber

We're guessing at our future opportunity cost. Warrenis guessing that he'll have the opportunity to put capital out at high rates of return, so he's not willing to put it out at less than 10% now. But if we knew interest rates would stay at 1%, we'd change. Our hurdles reflect our estimate of future opportunity costs. — Charlie Munger

String theory, therefore, is rich enough to explain all the fundamental laws of nature. Starting from a simple theory of a vibrating string, one can extract the theory of Einstein, Kaluza-Klein theory, supergravity, the Standard Model, and even GUT theory. It seems nothing less than a miracle that, starting from some purely geometric arguments from a string, one is able to rederive the entire progress of physics for the past 2 milleninia. All the theories so far discussed in this book are automatically included in string theory. — Michio Kaku

the decrease in the top marginal income tax rate led to an explosion of very high incomes, which then increased the political influence of the beneficiaries of the change in the tax laws, who had an interest in keeping top tax rates low or even decreasing them further and who could use their windfall to finance political parties, pressure groups, and think tanks. — Thomas Piketty

Think today's interest rates are high? The Pilgrims borrowed $7000 from a London company of 70 investors in 1620, and devoted the next 23 years to repaying it at 43 percent. — L. M. Boyd

Students are suffering under incredibly high tuitions and high student loan interest rates. They graduate from school, and they're having a very difficult time finding a job. They don't feel as though there are honest leaders who are listening to them, and who will be a part of the solution. — Tulsi Gabbard

I want to question societal norms, encourage people to think in new ways. — Carla H. Krueger

22. I am the Snake that giveth Knowledge & Delight and bright glory, and stir the hearts of men with drunkenness. To worship me take wine and strange drugs whereof I will tell my prophet, & be drunk thereof! They shall not harm ye at all. It is a lie, this folly against self. The exposure of innocence is a lie. Be strong, o man! lust, enjoy all things of sense and rapture: fear not that any God shall deny thee for this. — Aleister Crowley

Families rely on financial services more than ever, but those who need them most - who struggle to make ends meet - too often must contend with sky-high interest rates and tricks and traps buried in the fine print of their loan products. — Elizabeth Warren

The Sexual Revolution offered us women this deal: you can particiapate in higher education and the labor market, as long as you agree to chemically neuter yourselves during your twenties, and endure expensive, humiliating, and possibly dangerous infertility treatment during your thirties and forties. — Jennifer Morse

It is also only in humans that aggression may be used to commit crimes, to enslave others or compel acquiescence to religious or ideological doctrine, or to pursue wars of national interest. At the individual level, men are universally more aggressive than women, and rates of aggressive confrontation are greatest among those who are young, poor, or unmarried. Cultural factors moderate human aggression as well, with men's heightened sensitivity to signs of disrespect, challenge, or threat spawning a high frequency of confrontational violence in so-called "cultures of honor". — Randy J. Nelson

It's one of the fundamental principles of the stock market: When interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies - with their sky-high price-to-earnings multiples - should be among the biggest losers in an environment of rising rates. — Alex Berenson

High interest rates focus on the revenue of a parasitic class. — Linda McQuaig

When people retire, their income drops much more sharply than their consumption. As a result, they stop saving and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices. — Greg Ip

The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads. — Elizabeth Warren

When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward. — John Hull