Money Borrowers Quotes & Sayings

Borrowers will default. Markets will collapse. Gold (the ultimate form of safe money) will skyrocket. — Mike Belkin

poverty is not the result of rapacious financiers exploiting the poor. It has much more to do with the lack of financial institutions, with the absence of banks, not their presence. Only when borrowers have access to efficient credit networks can they escape from the clutches of loan sharks, and only when savers can deposit their money in reliable banks can it be channelled from the idle rich to the industrious poor. — Niall Ferguson

Borrowers are nearly always ill-spenders, and it is with lent money that all evil is mainly done and all unjust war protracted. — John Ruskin

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer. — Robert T. Kiyosaki

If you want to access the funds without wasting your money then get applied for bad credit no fee loans. They are excellent financial scheme that allows the borrowers to gain the desired amount of funds without demanding any additional charges or collateral from them. The best part of this loan plan is that poor creditors can also enjoy the service of this loan without any hindrance of their negative credit profile. — John Smith

Sure, we loaned money to build hotels and casinos in Las Vegas. So what? Las Vegas borrowers were good customers. — Jimmy Hoffa

When individuals are exchanging present goods against future goods they do not take account in their valuations of Variations in the objective exchange-value of money. Lenders and borrowers are not in the habit of allowing for possible future fluctuations in the objective exchange-value of money. — Ludwig Von Mises

Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women. — Muhammad Yunus

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

In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement. — Charles Duhigg

The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown. — Nouriel Roubini