A Quote by Dennis Hopper
Banks wont even loan each other money, everybody's going broke, and here we are inside here, these people are going to be out on the street selling apples and pencils and they're still going to be buying paintings for this money, so I don't know what's going on in this world.
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People are chasing cash, not happiness. When you chase money, you're going to lose. You're just going to. Even if you get the money, you're not going to be happy.
I do not use short selling. The fund has not shorted a stock since the 2002 to 2003 time frame. At that time I did short three stocks, on which I broke even on two and made money on one of them. The experience taught me that I was not going to be using short selling going forward for a slew of reasons.
One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as hell, the Fed is going to be in there with helicopter money. In other words, they're going to be buying whatever the Treasury issues. They're not going to, in effect, advocate strong fiscal stimulus and then not finance it. And that's helicopter money.
I feel the audience has a right to know if some of the money they're spending is going to a certain cause, and reassuring them the money is going to where it's supposed to be going.
Some banks won’t make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but we’re going to have to bring out some of these bad assets.
People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.
What's the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it's wringing its hands and saying, "Oh the speculators are killing us." But it's Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.
Hollywood is a business and movie studios are only going to do what's going to make money. It's not an altruistic thing. They are blatant grabs for money. Responsible studios want to make quality pictures, but at the same time nobody is going to make quality pictures they know aren't going to make any money.
Everybody is going to bring the money back in. It's going to be used in our country and so many other things.
I mean, Dodd-Frank is strangling small community banks. It doesn't make any difference what the interest rate is. They're not - they're not going to loan the money because they can't make any money for one thing plus the cost of compliance.
But the bottom line is, no matter what, even if I shoot 90 tomorrow, I'm going to enjoy it. Maybe people will say "Oh, he blew it" or whatever. Maybe I'm going to blow it, it's the first time I've ever been there. What do you expect? You know I'm not number one in the world. My knees are going to touch each other on the first tee tomorrow. But let me tell you, I'm going to enjoy it.
As people want to move money around the world, they're going to be moving in and out of bitcoin quickly, but they're still going to own it for some period of time... and the size of that working capital requirement will grow as the global economy grows.
I'm not going to let the government make a profit out of lending money for people to go to college. So we're going to really change this. I see it as an investment, not an expense, and I'm going to treat it that way.
I know that everybody is not going to be a Terrell Suggs fan, and that's fine. For the people that are, I'm going to be myself and they are going to love me and they are going to enjoy it.
Everybody is going to die, so people are enthralled by the possibility that they don't have to completely die, that there is something that comes afterward. It's like if you're going to France for the summer, you're going to read up on it. Everyone just wants to know where they're going, or if they're going anywhere.
?ow can we be, even if it is the last day on earth? It's like Christmas Eve. "Okay, it's going to be Christmas. So what. What are you going to do? Jump off the Empire State Building?" It's all still the same. The last day of your life is still going to be a day. Then there's that thing, maybe it's not true. Who knows? Are you going to believe it? Are you going to buy it? There are a lot of other things that are important, you know. You know what they say. Life is what happens when you're doing other things, right?
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