Highena

A friend recently asked the question where he could find some decent financial quotes. He wanted to post a new facebook status which was related to the current financial crisis, and his own money worries. So here it is, a short collection of financial quotes.

I believe that I was lucky to have suffered. Some people don’t realize that in suffering there is great potential, because if you are deprived for any reason.. politically, financially, socially or otherwise.. and if you set your mind in the right direction, you will find that the only way to survive is for you to excel, by being better so you can be treated better.
~ Talal Abu-Ghazaleh

Financial education needs to become a part of our national curriculum and scoring systems so that it’s not just the rich kids that learn about money.. it’s all of us.
~ David Bach

Before you can really start setting financial goals, you need to determine where you stand financially.
~ David Bach

The basic prescription for preventing deflation is straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.
~ Ben Bernanke

The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.
~ Ben Bernanke

There’s no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
~ Ben Bernanke

Mr. Greenspan did a very good job in the early 1990’s. But recently he’s fallen prey to this crazy theory that prosperity causes inflation. So they’re trying to slow the economy down by raising interest rates. It’s like a doctor saying you’re in great health, so we have to make you sick a little bit. It’s a bizarre theory. It’s going to hurt our economy.
~ Steve Forbes

I’m quite worried about the fiscal imbalances that we’ve got and what that might mean in terms of financial crisis ahead.
~ Bill Gates

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
~ Alan Greenspan

Any informed borrower is simply less vulnerable to fraud and abuse
~ Alan Greenspan

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education–literacy, both verbal and numerical, and communication skills.
~ Alan Greenspan

The reason I entered the election race was to promote reforms. For us who engage in business, we will be severely affected if financial and structural reforms don’t proceed.
~ Takafumi Horie

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
~ Suze Orman

Owning a home is a keystone of wealth.. both financial affluence and emotional security.
~ Suze Orman

After you marry, every asset either of you acquires is jointly held. That’s why you both need to be in sync on your long-term financial goals, from paying off the mortgage to putting away for retirement. Ideally, you should talk about all this before you wed. If you don’t, you can end up deeply frustrated and financially spent.
~ Suze Orman

In all realms of life it takes courage to stretch your limits, express your power, and fulfill your potential.. it’s no different in the financial realm.
~ Suze Orman

A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.
~ Ross Perot

Given the current state of our finances, we could sure use a quarter of a trillion dollars a year recycling through the U.S. economy rather than through the economies of Iran, Russia, and Venezuela.
~ T. Boone Pickens

Debt has become a part of who we are.
~ Dave Ramsey

The most important thing for a young man is to establish a credit.. a reputation, character.
~ John D. Rockefeller

Business is not financial science, it’s about trading.. buying and selling. It’s about creating a product or service so good that people will pay for it.
~ Anita Roddick

The pace at eBay was frantic and urgent. We knew that if we didn’t move fast, somebody would come into the market and quash us. Participant doesn’t make a lot of sense from a financial investment perspective, so it’s unlikely that other people will be approaching the business in the same way. So you see less urgency; you see a thoroughness and willingness to spend extra time to get things right. Which I think is really important.
~ Jeff Skoll

If the statistics are right, the Jews constitute but one percent of the human race. It suggests a nebulous dim puff of star dust lost in the blaze of the Milky Way. Properly the Jew ought hardly to be heard of, but he is heard of, has always been heard of. He is as prominent on the planet as any other people, and his commercial importance is extravagantly out of proportion to the smallness of his bulk. His contributions to the world’s list of great names in literature, science, art, music, finance, medicine, and abstruse learning are also away out of proportion to the weakness of his numbers.
~ Mark Twain

People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it’s a lot the same. It’s about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.
~ Meg Whitman

We also need to reduce corporate tax rates. This applies to small, medium and large businesses. At 35 percent, we have the second highest corporate rates in the world. It restricts the growth of small enterprises that need to plow capital back into their businesses and forces companies and jobs to move overseas.
~ Meg Whitman

Financial crisis, it is always the banks that get hit.
~ Gordon Wu

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