Quotes about "Money & Wealth"

Theresa May has made a decision that we want our economic future to remain close to Europe: it's the biggest single market in the world; it's right on our doorstep. ”

I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster. ”

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional. ”

I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation. ”

History speaks pretty clearly that the markets do better with Democrats. Republicans' ideas of what constitutes fiscal responsibility simply are not good for the stock market. Democrats have many tendencies, but one of them is to look after the workers, and actually that tends to be good for demand and good for markets. ”

When it comes to portfolios, my personal advice is for anyone who can, put money into forestry or farmland. Long term, you would probably never come near their returns in the stock market. In the world that I see, land is golden. ”

Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings. ”

Every penny paid to a PFI company is money withdrawn from those waiting for an operation, money removed from the training of clinicians, and money denied for life-saving treatments. ”

You pay more in wages, get more in in tax, you get people living a higher standard, you get more money. It's a kind of circle. ”

It is opposition to economic orthodoxy that leads us into austerity and cuts. But it is also a thirst for something more communal, more participative. That, to me, is what is interesting in this process. ”