A Quote by Jeffrey Sachs

If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.

Jeffrey Sachs

Quote Topics

Coming Days Debt Demanded Due Lot Means Money Period Short Short Period Short-Term Technically Term Time Very Within Year

Quote Author

Jeffrey Sachs
American - Economist
Born: November 5, 1954

All the central banks are doing is substituting one form of debt with another form of debt. They're issuing short term debt and using it to buy long term debt. In finance, we tend to think that's a neutral activity, even though those stimulus programs are huge.

Eugene Fama

Money is a short-term result that incentivizes short-term decision making.

Simon Sinek

This whole thing is - our window to be able to fight and make money is very short. It's a short window to be able to take advantage of this and make as much money as we can and save it for the future. When you're not fighting, and the money's not coming in, you can't do that, and that's the part that sucks about this job.

Cain Velasquez

No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.

Edmund Phelps

Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man's surety.

Andrew Jackson

There's nothing as short as short-term debt.

Evan Esar

Our responsibility is to maximise shareholder value, and if that means we can make short-term investment where we can maximise short-term value, we can do that.

Ajay Piramal

The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.

Paul Saffo

First, you should take money and have plenty of money fueling your tank. But money becomes dangerous if you assume it's going to keep coming. Make sure you can get your burn rate to a sustainable level if you hit the brakes hard, within 90 days.

Vinod Khosla

After my first fashion week, there were so many brands approaching us, and we said 'No' 90 per cent of the time. We didn't care about making a lot of money - it seemed so short term. We've always wanted to create something bigger.

Chiara Ferragni

The finance world in general is very, very complicated and there are so many different things that need to be evaluated, but I think at the end of the day, the most important thing is how you want to invest your money - if you want to be a short-term, mid-term or long-term investor.

Danilo Gallinari

Live within your means, never be in debt, and by husbanding your money you can always lay it out well.

Andrew Jackson

The word "God" is used in most cases as by no means a term of science or exact knowledge, but a term of poetry and eloquence, a term thrown out, so to speak, as a not fully grasped object of the speaker's consciousness -- a literary term, in short; and mankind mean different things by it as their consciousness differs.

Matthew Arnold

Money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural.