Interest Rate Quotes - Page 4

• Interest rates do not have to be identical across the whole euro area, but it is unacceptable if major differences arise from broken capital markets or concern about a euro area break-up.

  Mario Draghi

  Differences, Broken, Break

  "'We Couldn't Just Sit Back and Do Nothing'". Interview with Michael Sauga, Anna Seith, www.spiegel.de. October 29, 2012.

  7 Copy quote

  Show source

• To suppose that the value of a common stock is determined purely by a corporation's earnings discounted by the relevant interest rates and adjusted for the marginal tax rate is to forget that people have burned witches, gone to war on a whim, risen to the defense of Joseph Stalin and believed Orson Welles when he told them over the radio that the Martians had landed.

  James Grant

  Business, War, People

  16 Copy quote

• To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.

  Amity Shlaes

  Jobs, Government, Order

  7 Copy quote

• According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat.

  Harry Enfield

  Growing, England, Economy

  7 Copy quote

• What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.

  Barack Obama

  Country, Money, Years

  4 Copy quote

• The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation.

  Ron Paul

  Money, Power, Unique

  "End the Fed". Book by Ron Paul (pp. 2-3), September 16, 2009.

  4 Copy quote

  Show source

• Despite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs.

  George Papandreou

  Greek, Reform, Records

  5 Copy quote

• I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.

  Paul Krugman

  Philosophy, Cutting, Long

  "Actually, Krugman Was A Huge Advocate Of The Housing Boom" by Joe Weisenthal, www.businessinsider.com. June 17, 2009.

  9 Copy quote

  Show source

• 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

  Europe, Worry, Gold

  4 Copy quote

• Is there anything as incredible as the love story of your own parents? Anything as hard to grasp as the fact that those two over-the-hill players, permanently on the disabled list, were once in the starting lineup? It's impossible to imagine my father, who in my experience was aroused mainly by the lowering of interest rates, suffering the acute, adolescent passions of the flesh.

  Jeffrey Eugenides

  Father, Passion, Player

  Jeffrey Eugenides (2003). “Middlesex”, p.173, A&C Black

  4 Copy quote

  Show source

• The big question is: When will the term structure of interest rates change? That's the question to be worried about.

  Ray Dalio

  Worried, Structure, Bigs

  "RAY DALIO: The US Economy Is Facing A Rare Set Of Circumstances That Will Be Bad For Markets". www.businessinsider.com. December 12, 2012.

  14 Copy quote

  Show source

• We do not attract Russian money to Luxembourg with high interest rates.

  Jean-Claude Juncker

  Interest, Rate

  7 Copy quote

• We don't know what our health care costs are going to be. We don't know what our tax rates are going to be. We don't know what our interest rates are going to be. We don't know what our energy costs are going to be. All these uncertainties are being driven by the Government's agenda. What we really need to do is get Government to step back.

  Jim Renacci

  Government, Energy, Needs

  "Battle ‘10". Interview with Mytheos Holt, www.nationalreview.com. September 1, 2010.

  4 Copy quote

  Show source

• What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such as a Federal Funds rate, the overnight rate at which banks lend to one another. But they use that control to control what happens to the quantity of money. There is no disagreement.

  Milton Friedman

  Way, Use, Interest

  4 Copy quote

• I want to build a studio in my backyard. The interest rates are low now, so who knows

  Paul Taylor

  Backyards, Want, Lows

  4 Copy quote

• Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.

  James Grant

  Money, Nice, Mean

  15 Copy quote

• Italy may well be the main problem. It has benefited most from the euro by having been able to get the euro interest rate instead of what otherwise would have been its own. That would be much higher because Italy has been accumulating so much debt. In the past, Italy has inflated away its debt. The virtue of the euro is that Italy can't do it alone. A tight ECB policy wouldn't permit that to happen again.

  Milton Friedman

  Past, Would Be, Debt

  Source: www.huffingtonpost.com

  4 Copy quote

  Show source

• I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off.

  David Axelrod

  Thinking, People, Able

  "Guest: Obama Advisor David Axelrod". "Fox News Sunday" with Chris Wallace, www.realclearpolitics.com. September 2, 2012.

  4 Copy quote

  Show source

• The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads.

  Elizabeth Warren

  Block, Doors, Bankers

  Elizabeth Warren (2014). “A Fighting Chance”, p.44, Metropolitan Books

  22 Copy quote

  Show source

• 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 dont fix the underlying problems.

  David Malpass

  Powerful, Commitment, Swings

  7 Copy quote

• Despite a lingering low inventory and increasing prices, consumers still have the confidence to purchase a home. More and more people recognize the many opportunities in this market and the significant value of low interest rates. As job creation and wages continue to improve, many more first-time buyers are now making the decision to become homeowners.

  Dave Liniger

  Jobs, Home, Opportunity

  11 Copy quote

• Britain was set to repeat the boom-bust cycle that led to 15 per cent. interest rates for one whole year in the early 1990s.

  Gordon Brown

  Years, Britain, Interest

  7 Copy quote

• Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust.

  Gordon Brown

  Cutting, Circles, Long

  10 Copy quote

• If we want to contrast what we have done in the past few years on delivery with what the right hon. and learned Gentleman delivered, let us remember the interest rates at 10 per cent. to 15 per cent., the 1.5 million fewer people in work, the boom and the bust and the borrowing at 8 per cent.

  Tony Blair

  Past, Years, People

  9 Copy quote

• The central banks cannot control interest rates. That's a mistake. They can control a particular rate, such as the Federal Funds rate, if they want to, but they can't control interest rates.

  Milton Friedman

  Mistake, Want, Interest

  11 Copy quote