Solvency 2 Quotes & Sayings

In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support constant swindling. Instead of automatic currencies based on gold, people are forced to take managed currencies based on guile. Instead of precious metals they hold paper promises whose value falls with every bureaucratic whim. And they are suavely assured that only hopelessly antiquated minds dream of returning to truth and honesty and solvency and gold. — Henry Hazlitt

Human life is proverbially uncertain; few things are more certain than the solvency of a life-insurance company. — Arthur Eddington

Any central bank should only be in charge of liquidity. Solvency is a matter for the treasury. — George Soros

I am staunchly committed to ensuring the long-term solvency of Social Security and preserving full benefits for Americans who have spent their entire working lives contributing to this program. — Sue Kelly

Much of America is now in need of an equivalent of Mrs. Thatcher's privatization program in 1980s Britain, or post-Soviet Eastern Europe's economic liberalization in the early Nineties. It's hard to close down government bodies, but it should be possible to sell them off. And a side benefit to outsourcing the Bureau of Government Agencies and the Agency of Government Bureaus is that you'd also be privatizing public-sector unions, which are the biggest and most direct assault on freedom, civic integrity, and fiscal solvency. — Mark Steyn

The army of relief and other subsidy recipients will continue to grow, and the solvency of the government will become increasingly un tenable, as long as part of the population can vote to force the other part to support it. — Henry Hazlitt

If the Senate can't perform its most basic responsibilities, I worry about how we're going to make the tough decisions and do the hard work that will be necessary to get our country on a path to fiscal solvency. — Bob Corker

To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government. — Amity Shlaes

In medieval times the habit arose of expressing a man's wealth, no longer in terms of the amount of land in his estate, but of the amount of pepper in his pantry. One way of saying that a man was poor was to say that he lacked pepper. The wealthy lacked pepper. The wealthy kept large stores of pepper in their houses, and let it be known that it was there: it was a guarantee of solvency. — Waverley Root

There were railroads in the wilderness now; people who used to go overland by carriage or horseback to the River landings for the Memphis and New Orleans steamboats could take the train from almost anywhere now. And presently Pullmans too, all the way from Chicago and the Northern cities and the Northern money, the Yankee dollars arriving between sheets and even in drawing rooms to open the wilderness, nudge it further and further toward obsolescence with the whine of saws; what had been one vast unbroken virgin span was now booming with cotton and timber both. Or rather, booming with simple money: increment's troglodyte which had fathered twin ones: solvency and bankruptcy, the three of them booming money into the land so fast now that the problem was to get rid of it before it whelmed you into strangulation. — William Faulkner

We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit. — John Redwood

Barack Obama has fatally undermined our currency, our solvency, our financial stability, and - ultimately - our economy all to spend money that has had no economic effect! — Dick Morris

No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security. — Joe Biden

I'm not saying my idea is the one and only idea. We should have other ideas, but the president has not laid down a specific plan as to how he's going to get us to solvency. I do that. — Chuck Hagel

You've got a lot of very, very smart people standing by waiting for somebody else to do the work. Not a recipe for long-term solvency in my opinion. — Mike Rowe

Though Congress continues to explore possible solutions to ensure social security solvency, everyone must take personal responsibility to prepare their own retirement savings accordingly. — Ron Lewis

Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors. — Bill Frist

Pound notes. Her previous pay packets had been so small she never received paper, only coins. Which she liked. Coins had heft and history. Their value was irrefutable. She liked the way they jingled in her purse. That was the song of solvency. The cheerful assurance that there would be food and comfort through the day. It was better than any hymn. — Sarah Jane Stratford

What did Nabokov and Joyce have in common, apart from the poor teeth and the great prose? Exile, and decades of near pauperism. A compulsive tendency to overtip. An uxoriousness that their wives deservedly inspired. More than that, they both lived their lives 'beautifully'
not in any Jamesian sense (where, besides, ferocious solvency would have been a prerequisite), but in the droll fortitude of their perseverance. They got the work done, with style. — Martin Amis

Writing responds well to some gentle scheduling. A day job not only promotes solvency, it promotes creativity as well. — Julia Cameron

Solvency is entirely a matter of temperament and not of income. — Logan Pearsall Smith

The confidence of the entire global financial system rests on the U.S. dollar. Confidence in the dollar rests on the solvency of the Fed's balance sheet. And that solvency rests on a thin sliver of . . . gold. — James Rickards

We must achieve both security and solvency. In fact, the foundation of military strength is economic strength, — Dwight D. Eisenhower

We wake up to find the whole world building competitive trade barriers, just as we found it a few years ago building competitive armaments. We are trying to reduce armaments to preserve the world's solvency. We shall have to reduce competitive trade barriers to preserve the world's sanity. As between the two, trade barriers are more destructive than armaments and more threatening to the peace of the world. — Owen D. Young

If there's anything Breaking 2: Electric Boogaloo has taught me, it's that breakdancing is the key to financial solvency. — Richard M. Weiner

I call the Conservative Party now to a crusade. Not only the Conservative Party. I appeal to all those men and women of good will who do not want a Marxist future for themselves or their children or their children's children. For this is not just a fight about national solvency. It is a fight about the very foundations of the social order. It is a crusade not merely to put a temporary block on socialism but to stop its onward march once and for all. — Margaret Thatcher

Solvency is maintained by means of a national debt, on the principle, If you will not lend me the money, how can I pay you? — Ralph Waldo Emerson

Solvency feels better than anything you can spend money on. — Sarah Ban Breathnach

When the Eurozone was started, a fundamental stabilising force that existed at the level of the member-states was taken away from these countries. This is the lender of last resort function of the central bank." EZ governments, "could no longer guarantee that the cash would always be available to roll over the government debt." Unlike stand-alone nations, EZ members did not have "the power to force the central bank to provide liquidity in times of crisis." This created a fundamental fragility in the monetary union. Without a buyer-of-last-resort, shocks that provide re-funding difficulties in banks or nations can trigger self-fulfilling liquidity crises that degenerate into solvency problems. — Richard Baldwin

The purpose is clear. It is safety with solvency. The country is entitled to both. — Dwight D. Eisenhower