A Quote by Ameen Rihani
I deposit in many banks including the bank of wisdom. The more I draw on my accounts, no matter how big the sum, the bigger my balance becomes
Related Quotes
Our whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.
There is a big deposit of sympathy in the bank of love, but don't draw out little sums every hour or so - so that by and by, when perhaps you need it badly, it is all drawn out and you yourself don't know how or on what it was spent.
My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
Countries compete in offering easy working conditions to their banks. In many jurisdictions, you can deposit money anonymously with no questions asked, even if the accepting bank knows that it derives from criminal activities.
Every culture has beauty and decorations of body. This is not of itself superficial, this is very human. Decorating when it becomes out of balance, when it becomes about the materialism, about how many shoes, how many handbags, how expensive they are, and the status, then it's no longer just about an expression or looking beautiful, that's more about 'I HAVE MONEY, I AM RICH'. It felt out of balance.
If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.
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.
The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.
Choicelessness brings you to the whole. Choice is always of the part, necessarily so. And then one person goes from one choice to another, becomes a driftwood - from this bank to another bank, from that bank to this bank. This is how you have been moving, down the ages, for so many lives
I have found that the many imbalances within our individual lives result in an overall more worldly balance. What I mean is that no matter how unfair I think something is, I need only look at the bigger picture to see how, in a way, it fits... however impossible it is to understand it or see it at the time.
We don't have the necessary laws or powers to deal with failing non-bank institutions. If they're a big bank, the depositor has deposit insurance, and the regulators can wind them down without throwing them into bankruptcy.
The federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. The next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill.
The presidency has made every man who occupied it, no matter how small, bigger than he was; and no matter how big, not big enough for its demands.
After Dodd-Frank, the big banks were bigger. The small banks are fewer.
For every rapture there is a price and nothing is sustained forever. The path that destiny takes in the end leads to a balance of payments. No one remains overdrawn forever. Destiny's bank is inexorable, all accounts must balance.
I bet taxpayers remember providing more than $812 billion to Citigroup and Bank of America, two Wall Street banks, in 2009 to bail them out during the 2008 financial crisis. Taxpayers remember that generosity; big banks evidently don't.
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