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Top Quotes & Sayings by Robert B. Anderson

Explore popular quotes and sayings by an American politician Robert B. Anderson.

Last updated on December 22, 2024.

Robert B. Anderson

Robert Bernard Anderson was an American administrator, politician, and businessman. He served as the Secretary of the Navy between February 1953 and March 1954. He also served as the Secretary of the Treasury from 1957 until 1961, and was one of President Dwight Eisenhower's closest confidants.

American - Politician | June 4, 1910 - August 14, 1989

Source: Wikipedia

When a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take this money from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower.

Robert B. Anderson

Robert B. Anderson

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