Kindleberger Charles Quotes & Sayings

Some people put up a peace sign with one hand. Some people put up the middle finger instead. I use two hands and put up both. — Brian Celio

The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, driven by the insiders having exited but the sucker outsiders hanging on hoping for a revivial, but finally giving up in the final collapse. — Charles P. Kindleberger

We'd hoped for love of a different kind, love that knew and forgave our human frailty but did not miniaturize our grander ideas of ourselves. — Michael Cunningham

The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the discovery of frauds and swindles — Charles P. Kindleberger

The stars are reflected from within the black water in the cistern. I find comfort in the omen I glean from this: light in the darkness, truth when it seems there is none. — Alice Hoffman

Don't tell me where the years went; I don't want to know. — Marty Rubin

Much of the profession is empirically bankrupt because it is no longer taught economic history. — Charles P. Kindleberger

In Chapter 5 we consider swindles and defalcations. It happens that crashes and panics often are precipitated by the revelation of some misfeasance, malfeasance, or malversation (the corruption of officials) engendered during the mania. It seems clear from the historical record that swindles are a response to the greedy appetite for wealth stimulated by the boom. And as the monetary system gets stretched, institutions lose liquidity, and unsuccessful swindles are about to be revealed, the temptation to take the money and run becomes virtually irresistible. It is difficult to write on this subject without permitting the typewriter to drip with irony. An attempt will be made. — Charles P. Kindleberger

Debasement was limited at first to one's own territory. It was then found that one could do better by taking bad coins across the border of neighboring municipalities and exchanging them for good with ignorant common people, bringing back the good coins and debasing them again. More and more mints were established. Debasement accelerated in hyper-fashion until a halt was called after the subsidiary coins became practically worthless, and children played with them in the street, much as recounted in Leo Tolstoy's short story, Ivan the Fool. — Charles P. Kindleberger

Money is a public good; as such, it lends itself to private exploitation. — Charles P. Kindleberger

Ah, the twins. I'll never forget the day they were born," and his smile dipped as he added, "no matter how hard I try ... — Derek Landy

How wonderful life is while you're in the world — Elton John

There is nothing so disturbing to one's well-being and judgment as to see a friend get rich — Charles P. Kindleberger

Look, Winged Wonder. Get me out of here, then we'll hammer out the details about where I'm staying. Okay?"
"Winged Wonder," he said, nodding. "I find that I do not mind that one. It fits."
"Captain Modesty fits better," she muttered.
"I disagree. Winged Wonder is clearly the better choice for a man such as me."
-Annabelle and Zacharel — Gena Showalter

Websites promote you 24/7: No employee will do that. — Paul Cookson

The first derivative is the last refuge of a scoundrel. — Charles P. Kindleberger

What matters to us is the revelation of the swindle, fraud, or defalcation. This makes known to the world that things have not been as they should have been, that it is time to stop and see how they truly are. The making known of malfeasance, whether by the arrest or surrender of the miscreant, or by one of those other forms of confession, flight or suicide, is important as a signal that the euphoria has been overdone. The stage of overtrading may well come to an end. The curtain rises on revulsion, and perhaps discredit. — Charles P. Kindleberger

Outcast, it's the best brutal film. Killing a cockroach?? ANd rubbing the cockroach on your face and then to eat it??
Wow, gross... that's really well made effect! — Deyth Banger