Capitalism Quote by Linda McQuaig Download Open image “High interest rates focus on the revenue of a parasitic class.” — Linda McQuaig ★ ★ ★ ★ ★ 4.0 out of 5 (7 ratings) Copy quoteShare Capitalism Class Columnists Finance Focus Interest Interest rate Parasites Rate Revenue
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is,… — Linda McQuaig Copy Share Image
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the… — Max Keiser Copy Share Image
“Raising interest rates is voo-doo. You can't deal with a global system problem by trying to solve it with this.” — Stafford Beer Copy Share Image
Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That… — Evan Davis Copy Share Image
It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic… — Jerry A. Webman Copy Share Image
The higher the rate, the more interest there is in avoiding the tax. Either you move or you shift your profits overseas, as American… — T.R. Reid Copy Share Image
It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so… — Warren Buffett Copy Share Image
“Thus, increases in interest rates matter greatly for the economy as a whole. They not only cause direct reductions in investment spending and interest-sensitive… — McConnell Campbell Copy Share Image
Imagine you have six loans, small to huge. People want to close loans and because of that, they try to pay off the small… — Dan Ariely Copy Share Image
If we want to jack up the tax rates on the really rich, the amounts of money that would bring in are trivial compared… — Charles Murray Copy Share Image
The higher interest and higher inflation is a vicious cycle. — Arundhati Bhattacharya Copy Share Image
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor. — Linda McQuaig Copy Share Image
“ Jeremy Bentham argued that 'even in the best of times the great mass of citizens will most probably possess few resources other than… — Linda McQuaig Copy Share Image
The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me to the… — Linda McQuaig Copy Share Image
The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective… — Linda McQuaig Copy Share Image
The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money. — Linda McQuaig Copy Share Image
Even before winning its majority, Harper's Republican-styl e Conservative party - well to the right Canada's traditional Progressive Conservative Party - managed to win… — Linda McQuaig Copy Share Image
The free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at… — Linda McQuaig Copy Share Image
For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate… — Linda McQuaig Copy Share Image
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is,… — Linda McQuaig Copy Share Image
Anyone observing U.S. politics in recent years could easily conclude that lying about having sex is a serious offense worthy of impeachment, while lying… — Linda McQuaig Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
Philosopher is a dictator who modifies accepted standards with his thoughts. — Ilkin Santak Copy Share Image
There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit… — Gore Vidal Copy Share Image
Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants,… — Joseph Stalin Copy Share Image
Corporations have nothing to do with values, and they know it, and sometimes say it. — Eric Kierans Copy Share Image
Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an… — F. A. Harper Copy Share Image
The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except… — Anonymous Copy Share Image
There are no two countries with the same style of economic mechanism, with the same capitalism. — Anatoly Chubais Copy Share Image
It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become… — Robert Kuttner 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