Quotes & Sayings About Lending Money

If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it. — Irving Fisher

The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the corner. Once the recession is over, the lending will start again. With fractional-reserve banking and limitless supplies of cash on hand, we will likely see the overall price trends reversed, from deflation to inflation to possible hyperinflation. — Llewellyn Rockwell

No economic activity was more irrepressible [in the 14th century] than the investment and lending at interest of money; it was the basis for the rise of the Western capitalist economy and the building of private fortunes-and it was based on the sin of usury. — Barbara Tuchman

Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion. — Bob Diamond

The rich nations of the world are acting like ancient usurers, lending money to the desperate poor on terms that cannot possibly be met and, thus, steadily acquiring more and more control over the lives and assets of the poor. — William Greider

I had no idea that I would ever get involved with something like lending money to poor people, given the circumstances in which I was working in Bangladesh. — Muhammad Yunus

No, I don't want your money. The world moves less by money than by what you owe people and what they owe you. I don't like to owe anybody anything, so I keep to myself as much on the lending side as I can. — Haruki Murakami

Money lending is a horrible profession. If we are to call it otherwise it is lawful plundering. — Periyar E.V. Ramasamy

Talk what you will of the Jews,
that they are cursed: they thrive wherever they come; they are able to oblige the prince of their country by lending him money; none of them beg; they keep together; and as for their being hated, why, Christians hate one another as much. — John Selden

So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when it comes to lending them money. — James Chanos

The surest way to ruin a man who doesn't know how to handle money is to give him some. — George Bernard Shaw

When lending people money, be sure their character exceeds their collateral. — H. Jackson Brown Jr.

Security can be found in renunciation of ownership over people, money, and real assets; to gain, keep or protect that which others need for periods of legitimate access. A lending library enables people to help themselves to information; a locked-up book collection is useful only to the person who owns it. — Bill Mollison

The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay. — Michael Hudson

No, Sir, you will have much more influence by giving or lending money where it is wanted, than by hospitality. — Samuel Johnson

My history of lending money from banks is that they want to know the ins and outs of the backside of a duck. — Alan Sugar

People cannot live by lending money to one another. — John Ruskin

Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans. — Elizabeth Warren

In Chicago and across the country, whites looking to achieve the American dream could rely on a legitimate credit system backed by the government. Blacks were herded into the sights of unscrupulous lenders who took them for money and for sport. — Ta-Nehisi Coates

there is nothing safer than lending money to people with property. Why? Because if they default on the loan, you can repossess the house. Even if they run away, — Niall Ferguson

If we are lending money that ostensibly we don't have to kids who have no hope of making it back in order to train them for jobs that clearly don't exist, I might suggest that we've gone around the bend a little bit, — Mike Rowe

How long can interest rates stay negative? Think about this. Not only are you lending your money to governments, but you're paying them interest for the privilege of doing so. — Mohamed El-Erian

The problem for those who assert biblical authority in support of traditional definitions of marriage is that one could, with equal validity, assert that the lending of money or certain kinds of haircuts are forbidden by God, or that slavery and the subjugation of women are authorized by the Lord. — Jon Meacham

I realised that even a man's reforming zeal ought not to make him exceed his limits. I also saw that in thus lending trust-money I had disobeyed the cardinal teaching of the Gita, viz., the duty of a man of equipoise to act without desire for the fruit. The error became for me a beacon-light of warning. — Mahatma Gandhi

The essence of the contemporary monetary system is creation of money, out of nothing, by private banks' often foolish lending. — Martin Wolf

Being a Mets fan is like lending someone a lot of money and you just know that you'll never get paid back. — John Oliver

To lend money without interest, is certainly an action laudable and extremely good; but it is obvious, that it is only a counsel of religion, and not a civil law. — Baron De Montesquieu

Seneca devoted much of his time to writing essays in praise of poverty, and in lending money at usurious rates. — Josh Billings

A money-lender
he serves you in the present tense; he lends you in the conditional mood; keeps you in the conjunctive; and ruins you in the future. — Joseph Addison

I'm not going to let the government make a profit out of lending money for people to go to college. So we're going to really change this. I see it as an investment, not an expense, and I'm going to treat it that way. — Hillary Clinton

New power meant a new relation to time. The lending of money against interest was considered "against nature" by the
Church: money naturally was a means of exchange to buy necessities, not a capital that could work or bear fruits. During the seventeenth century even the Church abandoned this view-though reluctantly
to accept the fact that Christians had become capitalist merchants. Time became like money: I now can have a few hours before lunch; how shall I spend time? . I am
short of time so I can't afford to spend that much time on a committee; it's not worth the time ... It world be a waste of time; I'd rather save an hour — Ivan Illich

For years she had had her back against the stone wall of Rhett's love and had taken it as much for granted as she had taken Melanie's love, flattering herself that she drew her strength from herself alone. And even as she had realized earlier in the evening that Melanie had been beside her in her bitter campaigns against life, now she knew that silent in the background, Rhett had stood, loving her, understanding her, ready to help. Rhett at the bazaar, reading her impatience in her eyes and leading her out in the reel, Rhett helping her out of the bondage of mourning, Rhett convoying her through the fire and explosion the night Atlanta fell, Rhett lending her the money that gave her her start, Rhett who comforted her when she woke in the nights crying with fright from her dreams-why, no man did such things without loving a woman to distraction! — Margaret Mitchell

Republican leaders have made clear they have no plans to use the power of government to stimulate the economy, invest in job creation and spur job growth. The Fed's plan is to give banks more money to finance the private sector job creation. But banks have ample cash now; they aren't lending, and the private sector is not creating the jobs. That is why we have 15 million people unemployed. — Dennis Kucinich

I do not pretend to give such a sum; I only lend it to you. When you shall return to your country with a good character, you cannot fail of getting into some business, that will in time enable you to pay all your debts. In that case, when you meet with another honest man in similar distress, you must pay me by lending this sum to him; enjoining him to discharge the debt by a like operation, when he shall be able, and shall meet with such another opportunity. I hope it may thus go through many hands, before it meets with a knave that will stop its progress. This is a trick of mine for doing a deal of good with a little money. — Benjamin Franklin

We are lending money we don't have to kids who can't pay it back to train them for jobs that no longer exist. — Mike Rowe

That's always the way in this world. The chappies you'd like to lend money to won't let you, whereas the chappies you don't want to lend it to will do everything except actually stand you on your head and lift the specie out of your pockets. — P.G. Wodehouse

Complicated financial stuff was being dreamed up for the sole purpose of lending money to people who could never repay it. — Michael Lewis

Henceforth no Jew, no matter under what name, will be allowed to remain here without my written permission. I know of no other troublesome pest within the state than this race, which impoverished the people by their fraud, usury and money-lending and commits all deeds which an honorable man despises. Subsequently they have to be removed and excluded from here as much as possible. — Maria Theresa

Business is about problem-solving, but it does not always have to be about maximizing profit. When I went into business, my interest was to figure out how to solve problems I see in front of me. That's why I looked at the poverty issue. I got involved in lots of things to address it, and one of them was money lending with loans and credits and savings accounts, and in the process I created Grameen Bank. So you can also have social objectives. Ask yourself these questions: Who are you? What kind of world do you want? — Muhammad Yunus

When money is free, the rational lender will keep on lending until there is no one else to lend to. — George Soros

There is one bit of advice given us by the ancient Greeks, and by the Jews in the Old Testament, and by the great Christian teachers of the Middle Ages, which the modern economic system has completely disobeyed. All these people told us not to lend money at interest; and lending money at interest - what we call investment - is the basis of our whole system. — C.S. Lewis

What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis. — Vikram Pandit

The Rothschilds, and that class of money-lenders of whom they are the representatives and agents - men who never think of lending a shilling to their next-door neighbors, for purposes of honest industry, unless upon the most ample security, and at the highest rate of interest - stand ready, at all times, to lend money in unlimited amounts to those robbers and murderers, who call themselves governments, to be expended in shooting down those who do not submit quietly to being robbed and enslaved. — Lysander Spooner

John was prosecuted (or threatened with prosecution - the records are sometimes a touch unclear) for trading in wool and for money-lending, both highly illegal activities. — Bill Bryson

When I say the economy is shrinking, it's the economy of the 99%, the people who have to work for a living and depend on earning money for what they can spend. The 1% makes its money basically by lending out their money to the 99%, on charging interest and speculating. So the stock market's doubled, the bond market's gone way up, and the 1% are earning more money than ever before, but the 99% are not. They're having to pay the 1%. — Michael Hudson

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done. — Meredith Whitney

The business of a bank is to lend money; which amounts, nowadays, to lending credit. — John Buchanan Robinson

The sudden introduction of these magic mortgage bonds into the marketplace pushed most every major institutional investor in the world to suddenly become consumed with the desire to lend money to American home borrowers, even if they didn't know to whom exactly they were lending or how exactly these borrowers were qualifying for their home loans. As a result of this lunatic process, houses in middle- and lower-income neighborhoods from Fresno to the Jersey Shore became jammed full of new home borrowers, millions and millions of them, who in many cases were not equal to the task of making their monthly payments. The situation was tenable so long as housing prices kept rising and these teeming new populations of home borrowers could keep their heads above water, selling or refinancing their way out of trouble if need be. But the instant the arrow began tilting downward, this rapidly expanding death-balloon of phony real estate value inevitably had to - and did - explode. — Matt Taibbi