Money & Finance: Money Quotes

"Russia has gone through eight years of continuing economic pain"

Jeffrey Sachs, Economist

"It's not so unusual to run out of someone else's currency"

Jeffrey Sachs, Economist

"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days"

Jeffrey Sachs, Economist

"If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold"

Jeffrey Sachs, Economist

"I think the IMF helped to detonate the Indonesian crisis"

Jeffrey Sachs, Economist

"Devaluations are never easy"

Jeffrey Sachs, Economist

"We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers"

Herman Cain, Businessman

"This economy is on life support"

Herman Cain, Businessman

"Show people tend to treat their finances like their dentistry. They assume the man handling it knows what he is doing"

Dick Cavett, Entertainer

"Liberalism does not preclude an organisation of the flow of money in which some channels are used in decision making, while others are only good for the payment of debts"

Jean-Francois Lyotard, Philosopher

"There is no money"

Javier Milei, President

"I don't got that kind of money, man, commercials only pay so much (inaudible)"

J. J. Watt, Athlete

"Washington should revive international efforts begun during the Clinton administration to pressure countries with dangerously loose banking regulations to adopt and enforce stricter rules"

Kit Bond, Politician

"If we don't act now, the death tax will come back in just a few years. Under current law, the death tax is phased out in 2010 but comes back in full force in 2011. That is a ridiculous and untenable policy"

Kit Bond, Politician

"I don't sell enough books to pay for the lawyers, however. And these various problems finally became too much"

Peter Sotos, Writer

"We have seen what the dependence and addiction to foreign oil has done to us economically"

Ron Kind, Politician

"As the President reviewed the State of the Union and unveiled his second-term agenda, he fell short of adequately explaining how he intends to set America back on the course of fiscal responsibility and secure the fiscal health of the nation"

Ron Kind, Politician

"When I came back I had to realize that IC was not in a very good shape - all the much money that we had because of the huge Ideal success was gone. I was very upset"

Klaus Schulze, Composer

"Restrict bankruptcy rules"

Jerry Weller, Politician

"If the great Government of the United States were a private corporation, no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds"

Garet Garrett, Journalist

"My parents had always preached the virtues of hard work. But hard work is one thing; economic struggle is another"

Sargent Shriver, Politician

"I know that my Republican colleagues are as ashamed as I am that the United States is forced to borrow over $1 trillion from foreign nations to pay for our national priorities like reconstruction of the Gulf Coast and the war in Iraq"

Dennis Cardoza, Politician

"The truth is the Republican leadership has created a credit card Congress that is recklessly selling out the future of America, our children and our grandchildren, and President Bush is the most fiscally irresponsible President in the history of America"

Dennis Cardoza, Politician

"If the price is very cheap, then it's almost certainly a fake"

David Russell, Musician

"The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime"

Karl Rove, Politician

"Money? I lost all taste for it"

Taylor Caldwell, Author

"Who quick be to borrow and slow be to pay, their credit is naught, go they ever so gay"

Thomas Tusser, Poet

"The American Dream is really money"

Jill Robinson, Writer

"Now make no mistake, I think we need a strong dose of fiscal conservatism in Washington, D.C"

Kristi Noem, Politician

"In the final analysis, you get what you pay for"

James Sinegal, Businessman

"I make money using my brains and lose money listening to my heart. But in the long run my books balance pretty well"

Kate Seredy, Writer

"Right now, a majority of the debt is owed to foreign interests, Japan being the largest purchaser of government debt today, soon to be surpassed by China as the number one purchaser of our debt in this nation"

Ron Kind, Politician

"In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations"

Ron Kind, Politician

"Now that I'm gettin' old enough to get some money, I'd like to have some money. I don't get much made, I need to conquer a big chunk of money. Not quit playin', but quit playin' so hard"

Muddy Waters, Musician

"Contagion has become very much a phenomenon, and it's a phenomenon of globalization"

Lawrence Summers, Economist

"The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery"

Karl Rove, Politician

"Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives"

Karl Rove, Politician

"Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as "deficits as far as the eye can see". But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama, the deficit hawk?"

Karl Rove, Politician

"The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history"

Lawrence Summers, Economist

"The availability of private insurance provides tremendous insulation for millions of individuals"

Lawrence Summers, Economist

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