Top 90 Quotes & Sayings by Rick Santelli - Page 2

If you trade in paper, the notion of many who trade gold - the Ayn Randers - if the financial world comes to an end, they're going to have the gold. If you're playing in ETFs, you're going to have a piece of paper.

I've talked about commodity price volatility in the past: go back to the tape... I never said it was about inflation.

We need to understand that in the end, if we're going to make a positive difference in the future, we can't have election cycles where one side, the middle and the right side, they talk trash.

Blame the Tea Party? Geez, no wonder Kerry did so well in an election. If it wasn't for the Tea Party, they would have passed the debt ceiling thumbs up; we would have been rated BBB.

A Treasury Secretary or a President should be out here not fighting S&P, not grabbing the other coach and slapping him around, taking the umpire behind the barn. He should be getting the team psyched to overcome.

I don't understand it and haven't understood in this world of technology: where every building has a camera, every ATM has a camera, why don't we have cameras on police officers?

I think it is a mistake for candidates, or once they get elected in office, to be dwelling too much on the topic of markets.

Printing money - is it really the answer? ... If we just print a million dollars for every man, woman, and child in the country and handed it to them, won't that fix everything? Because in order to really look at printing - I like to take everything to the extreme.

We now have the technology to pretty much hear everything. Can you imagine how our holiday dinners would be if every relative's entire conversations from birth to that moment in time was shown to every other relative?

Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side: we see areas where the government does good jobs; we see areas where they don't do as good a job.

Maybe we should shut Wall Street down for 24 hours, see how everybody who blames Wall Street for everything likes that. Maybe we should shut energy down for 24 hours, see how people like that.

There's not a lot of wealth throughout all the country shared equally.

I remember I had a professor in college. I wrote a great paper. Could never please this guy. But it made me better.

When it comes to policies of central bankers, the biggest systemic risk we have... are those policies.

Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?

You know what that big number was? It was 1957. It's not the year I was born. I'm a little older than that. I wish it was the year I was born. It was the year one of my favorite books was written: 'Atlas Shrugged.' Ayn Rand.

I don't even look at gold as gold anymore. Gold is just another piece of paper.

I think many agree, being on the plan till 26, good idea; preexisting conditions, they all have a cost. So you have to find a way to pay for it. But it doesn't mean that you're going to keep or change. Listen, cars have tires. You can reinvent the car, but it's still going to have tires. Those aspects are components of healthcare.

I like free markets, but I do like fair markets.

I started trading around 1979, fresh out of college. In the early '90s, I started guesting for major news media.

The issue is, you're not going to have a lot of inflation showing up when you have no velocity.

Working with Russia, we worked with Iran. Are they our friends? You have to take each situation uniquely.

Markets are unforgiving, and sometimes they move for reasons we can't possibly foresee.

Around 1999, CNBC offered me a full-time post, and I'm the happiest I've ever been.

Think Apple, think the FBI. We are living 'Atlas Shrugged.' Why is it so important? Because I would hate for the country to have that rhetorical question: Where is John Galt, who is John Galt? John Galt is all of us.

People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.

The government is promoting bad behavior... do we really want to subsidize the losers' mortgages... This is America! How many of you people want to pay for your neighbor's mortgage? President Obama are you listening? How about we all stop paying our mortgage! It's a moral hazard

I personally think money in politics on any level is horrible. I'd like to see a set amount and have every candidate spend it. Have it be completely transparent. But actually getting to that spot, as we have learned through all the legislation over the decades, is very difficult.

I think that there's been a lot of people in Congress that didn't know all the ins and outs of the Constitution. I think we have a whole roomful of people that have record legislation in terms of quantity of pages that didn't read it.

I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If you're a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.