Banking Quote by James Grant Download Open image “Progress is cumulative in science and engineering, but cyclical in finance.” — James Grant ★ ★ ★ ★ ★ 4.4 out of 5 (7 ratings) Copy quoteShare Banking Cumulative Engineering Finance Growth Money Progress Science
The more we progress the more we tend to progress. We advance not in arithmetical but in geometrical progression. We draw compound interest on… — Arthur Conan Doyle Copy Share Image
“Time Progression: Wasting >>Spending >> Managing >> Investing” — Elizabeth Grace Saunders Copy Share Image
Progress is made by trial and failure; the failures are generally a hundred times more numerous than the successes ; yet they are usually… — William Ramsay Copy Share Image
You don't think progress goes in a straight line, do you? Do you recognize that it is an ascending, accelerating, maybe even exponential curve?… — Frederik Pohl Copy Share Image
I think tech is driving most of the innovation and will continue to for a very, very long time. — Michael Seibel Copy Share Image
The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business. — Murray Rothbard Copy Share Image
The advance of technology, like the growth of population and industry, has also been proceeding exponentially. — Carl Kaysen Copy Share Image
“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.” — Peter Schiff Copy Share Image
“Though the continued march of intellect and education have nearly obliterated from the mind of the Scots a belief in the marvelous, still a… — James Grant Copy Share Image
It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause. — James Grant Copy Share Image
The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s. — James Grant Copy Share Image
It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it? — James Grant Copy Share Image
The art of banking is always to balance the risk of a run with the reward of a profit. The tantalizing factor in the… — James Grant Copy Share Image
In almost every walk of life, people buy more at lower prices; in the stock market they seem to buy more at higher prices. — James Grant Copy Share Image
To suppose that the value of a common stock is determined purely by a corporation's earnings discounted by the relevant interest rates and adjusted… — James Grant Copy Share Image
Growth at an exceptional rate is a red flag in banking. It is hard enough to manage an ordinary bank; to control a sprouting… — James Grant Copy Share Image
Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and… — John Adams Copy Share Image
I am alive. Up here with the song of the engine and the air whispering on my face as the sunlight and shadows play… — Stephen Coonts Copy Share Image
When a government is dependent upon bankers for money, they and not the leaders of the government control the situation — Napoleon Bonaparte Copy Share Image
“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises… — Nassim Nicholas Taleb Copy Share Image
My father was in real estate, banking, and land management. As family life, it was very conventional, happy, and comfortable. We weren't wealthy, but… — Julia Child Copy Share Image
I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe. — Jerome Kerviel Copy Share Image
I have nothing against investment banking, but it's like massaging money rather than creating money. — Michio Kaku Copy Share Image
If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan. — Kenneth Fisher Copy Share Image
“Intellectually and compassionately explaining the reason freedom works is required for credibility.” — Ron Paul Copy Share Image
With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans… — Elizabeth Warren Copy Share Image
A banking system is an act of faith: it survives only for as long as people believe it will. — Michael Lewis Copy Share Image