A Quote by John Delaney

Low interest rates benefit individuals or investors who own or want to buy assets; in that regard, they disproportionately benefit wealthier Americans. — © John Delaney
Low interest rates benefit individuals or investors who own or want to buy assets; in that regard, they disproportionately benefit wealthier Americans.
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.
Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information
Higher minimum wages, full-employment programs, early-childhood education: Those kinds of programs are, by design, universal, but by definition, because they are helping folks who are in the worst economic situations, are most likely to disproportionately impact and benefit African Americans. They also have the benefit of being sellable to a majority of the body politic.
The gig economy is empowerment. This new business paradigm empowers individuals to better shape their own destiny and leverage their existing assets to their benefit.
When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward.
... both individuals and companies are using the Netherlands as a haven for productive activity. ... This is good news for all taxpayers. The rich directly benefit, since greedy politicians are unable to seize as much of their money. And the rest of us benefit, since this puts downward pressure on tax rates as governments try to keep the geese that lay the golden eggs from flying away.
Democracy is based upon empathy and the recognition that some decisions are solely for the community's benefit without regard to one's own narrow self-interest.
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.
The impact of low interest rates is broad and deep. Many Americans rely on interest income from their savings to help cover their cost of living.
If you're a thorough professional, and they won't let you do a professional job, nobody's going to benefit from it. The people who produce it won't benefit. The people who buy it won't benefit from it. They're going to get a half-assed product.
All initiation of force is a violation of someone else's rights, whether initiated by an individual or the state, for the benefit of an individual or group of individuals, even if it's supposed to be for the benefit of another individual or group of individuals.
In my own constituency, the benefit cap has had the effect of social cleansing: of people receiving benefit, but the benefit is capped; therefore, they can't meet the rent levels charged and are forced to move. It's devastating for children, devastating for the family and very bad for the community as a whole.
But the truth is the meritocracy is a lie. Those born into wealth and privilege will always be able to game the system for their own benefit and their children's own benefit.
Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
There's a lot we can do to improve American's retirement security, but it's wrong to replace the guaranteed benefit that Americans have earned with a guaranteed benefit cut of up to 40%.
It is the people who constitute the basis of Government credit. Why then cannot the people have benefit of their own gilt-edge credit by receiving non-interest bearing currency-instead of bankers receiving the benefit of the people's credit in interest-bearing bonds. If the United States Government will adopt this policy of increasing its national wealth without contributing to the interest collector-for the whole national debt is made up on interest charges-then you will see an era of progress and prosperity in this country such as could never have come otherwise.
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