David Malpass Quotes
The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems.
Quotes to Explore
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I describe a soulmate as a 'soul-nurturing mate' - someone who nurtures your soul - thereby promoting insight and growth.
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Among my books, the ones that sell best are for readers between the ages of 8 and 12. According to a study by the Association of American Publishers, the largest area of industry growth in 2014 was in the children and young adult category.
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Money is in some respects life's fire: it is a very excellent servant, but a terrible master.
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I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.
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Money was never the motivation. It never should be in sports.
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I don't have a craving for money. And I don't have a craving for fame.
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Leading by example is the most powerful advice you can give to anybody.
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We are in a situation with the huge stimulus package that's going to be spent all across this nation and a big financial crisis and banking crisis. And what we need is good, trained journalists who can play the role of watchdog.
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Hating Wall Street is an American tradition that dates back even to the days when Thomas Jefferson cursed that money lover Alexander Hamilton. And for centuries, the complaints about it have largely stayed the same: 'It does nothing! It creates chaos! It's a parasite that sucks hardworking Americans dry!'
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New York as an industry is the best city for real estate. You're in a very transparent market. If you need to liquidate, you make three phone calls and you could sell something, even in the worst market. It is also less forgiving; if you make a mistake you can lose money.
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I spend my money like I don't have anything.
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My dream was to set up my own e-commerce company. In 1999, I gathered 18 people in my apartment and spoke to them for two hours about my vision. Everyone put their money on the table, and that got us $60,000 to start Alibaba. I wanted to have a global company, so I chose a global name.
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When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934.
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All the evidence that we have indicates that it is reasonable to assume in practically every human being, and certainly in almost every newborn baby, that there is an active will toward health, an impulse towards growth, or towards the actualization.
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I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.
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I'm always dissing Ray and making fun of him, talking about his money.
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My parents didn't have any money.
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I'm a very safe saver. I save everything. I save all my money and my parents raised me like that.
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Allah says in the Qur'an not to despise one another. So the criterion in Islam is not color or social status. It's who is most righteous. If I go to a mosque - and I'm a basketball player with money and prestige - if I go to a mosque and see an imam, I feel inferior. He's better than me. It's about knowledge.
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The fact is that 'free' in music streaming is so technically good and ubiquitous that it's stunting the growth of paid streaming.
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The unfortunate thing about money is that it always raises suspicion even amongst brothers.
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Christmas was the one time of year when my brothers surfaced at home, when my parents and grandparents congregated to eat my mother's roast turkey.
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The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems.
