Debt Quote by Michael Hudson

As you have to pay more interest and amortization on what you owe, you're left with less and less money to buy goods and…

— Michael Hudson

People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like…

— Jonathan Raymond

The bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only…

— Michael Hudson

People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But…

— Michael Hudson

To contract new debts is not the way to pay old ones.

— George Washington

These debt obligations will simply erode America's standard of living in the future. Money spent to service the debt is money that we don't…

— Joseph Stiglitz

The banks' product is debt. They try to tell customers that "debts are good for you," but the customers can't afford any more debt,…

— Michael Hudson

A lower interest rate doesn't make a debt go away.

— Dave Ramsey

With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.

— Toshihiko Fukui

The way to reduce the debt is by economic growth.

— Steve Mnuchin

We often pay our debts not because it is only fair that we should, but to make future loans easier.

— Francois de La Rochefoucauld

There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out.

— Thomas Carlyle