A Quote by Alexander Hamilton
CREDIT supposes specific and permanent funds for the punctual payment of interest, with a moral certainty of a final redemption of the principal.
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Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.
When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.
When I was young, people lived paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.
The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.
In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break.
It's a tale of redemption. It's a tale of a girl who is going on a journey, who makes mistakes as most young people do... the credit card companies love sending you credit cards so you exceed your limit and they can charge you interest. And this is a girl who overcomes her problems and figures a way out of her financial crisis, and hopefully the world will do the same thing.
I don't apologize for my behavior anymore. Whatever I do or don't do shouldn't matter. Moral certainty is dangerous. Moral certainty is what makes people go to war unnecessarily and illegally. Morality, as any halfway intelligent human being would tell you, is a very subjective thing.
The attributes of God have been carefully explored. But the Devil's attributes have been left vague. I think I've found one of them. It is he who puts the prices on things." "Doesn't God put a price on things?" "No. One of his attributes is magnanimity. But the Devil is a setter of prices, and a usurer, as well. You buy from him at an agreed price, but the payments are all on time, and the interest is charged on the whole of the principal, right up to the last payment, however much of the principal you think you have paid off in the meantime.
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
I'm opposed to the death penalty not because I think it's unconstitutional per se-although I think it's been applied in ways that are unconstitutional-but it really is a moral view, and that is that the taking of life is not the way to handle even the most significant of crimes...Who amongst anyone is not above redemption? I think we have to be careful in executing final judgment. The one thing my faith teaches me-I don't get to play God. I think you are short-cutting the whole process of redemption...I don't want to be the person that stops that process from taking place.
This product that was on TV was available for four easy payments of $19.95. I would like a product that was available for three easy payments and one complicated payment. We can't tell you which payment it is, but one of these payments is going to be hard. The mailman will get shot, the envelope will not seal, the stamp will be in the wrong denomination. The final payment must be made in wampum.
... moral certainty is certainty which is sufficient to regulate our behaviour, or which measures up to the certainty we have on matters relating to the conduct of life which we never normally doubt, though we know that it is possible, absolutely speaking, that they may be false.
The moral sense is always supported by the permanent interest of the parties. Else, I know not how, in our world, any good would ever get done.
Cash from a reverse mortgage can be paid out in several ways, including a lump sum, a monthly payment, a line of credit, or a combination of those. If you do not need money right away, it is usually a bad idea to take all the money upfront, since it starts accumulating interest charges immediately.
I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded.
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