Debt Quotes - Page 17

It is a well-known fact that in countries in which the national debt is properly funded, and an object of established confidence, it answers most of the purposes of money. Transfers of stock, or public debt, are there equivalent to payments in specie; or, in other words, stock, in the principal transactions of business, passes current as specie. The same thing would, in all probability, happen here, under the like circumstances.

Establish that a Government may decline a provision for its debts, though able to make it, and you overthrow all public morality, you unhinge all the principles that must preserve the limits of free constitutions.

I have been in love, and in debt, and in drink, this many and many a year.

I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt... all just to make some easy money quick.

Debt and revolution are inseparable as cause and effect.

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.

God taking from us and loving us at the same time by providing comforters was a kind of spiritual equanimity. It seemed a phenomenon of life how a death insinuates us into the debt of those who stand by us in trouble and console us.

You're nothing in America if you don't have debt.

Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees.

We owe to genius always the same debt, of lifting the curtain from the common, and showing us that divinities are sitting disguised in the seeming gang of gypsies and peddlars.

Of all debts, men are least willing to pay their taxes; what a satire this is on government.

Many delight more in giving of presents than in paying their debts.

The share price must be less than book value. Preferably it will be less than net working capital less long term debt.

Our debt is out of control. What was a fiscal challenge is now a fiscal crisis. We cannot deny it; instead we must, as Americans, confront it responsibly. And that is exactly what Republicans pledge to do.

Debt is not intrinsically bad. But I make clear to my children that they should only borrow as much as they will be able to pay back.

Will I obliterate national debt? Sure, why not?

The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.

Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay.

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.

New Zealand as a whole needs to save more, spend less and reduce our reliance on foreign debt.

Hillary Clinton and Bernie Sanders talked about free public higher education going forward, but not dealing with this burden of debt, which has really locked a generation into kind of a hopeless future right now.

Obama called on Americans to have more grandchildren. Probably so there's more of them to pay off our debt.