A Quote by Linda L. Richards

you don't get to make withdrawals from the time bank. Only deposits. — © Linda L. Richards
you don't get to make withdrawals from the time bank. Only deposits.
At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
The best way to make your spouse and children feel secure is not with big deposits in bank account, but with little deposits of thoughtfulness and affection in the 'love account.'
Life is a bank account, there are no withdrawals without first putting something in.
Vegetables deplete soil. They're extractive. If soil has a bank account, vegetables make the largest withdrawals.
We think, over the long term, the real key to value of a bank is does it have true deposits from true long-term customers? People who actually know the bank, live in the neighborhood, work there, maybe have a mortgage there, credit card... That, to us, is the key to a bank.
Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency of Bank bankruptcy.
I remember when I was growing up, you would go to a bank to open a deposit, and they'd give you a toaster. A free toaster. These days, if you're a company, and you go to a bank, they could easily turn you away! They don't want your deposits anymore.
"If I make deposits into an Emotional Bank Account with you through courtesy, kindness, honesty, and keeping my commitments to you, I build up a reserve. Your trust toward me becomes higher, and I can call upon that trust many times if I need to. I can even make mistakes and that trust level, that emotional reserve, will compensate for it. My communication may not be clear, but you'll get my meaning anyway. You won't make me "an offender for a word." When the trust account is high, communication is easy, instant, and effective."
When I talk about an "empathy bank," I don't mean literally opening up a bank and putting in deposits. What I mean is that the more we can, as individuals and as members of a community, empathize with, understand the pain and uncertainty economic crisis causes other people, the more we lay the groundwork for political change.
... letters freeze time for us, eternalizing shared experiences so we can go back and draw strength from them. Letters are like deposits in a secret bank that can be withdrawn when they are needed. And as we look back in love, we appreciate anew the thought and time that was taken to express those feelings.
If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.
Then came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits...did not need to be left idly in the bank. They could be lent. The bank then got interest. The borrower then had a deposit that he could spend. But the original deposit still stood to the credit of the original depositor. That too could be spent. Money, spendable money, had been created. Let no one rub his or her eyes. It's still being done-every day. The creation of money by a bank is as simple as this, so simple, I've often said, that the mind is slightly repelled.
What happened was that for every $100 of money, by which I mean the cash that people keep in their pockets, and the deposits they have in the bank, for every $100 of money that there was in 1929, by 1933 there was only $67. The Federal Reserve allowed the quantity of money to decline by a third. While, at all times, it had the possibilities and the power of preventing that from happening.
And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.
There were colored and white waiting rooms everywhere, from doctor's offices to the bus stations, as people may already know. But there were actually colored windows at the post office in, for example, Pensacola, Florida. And there were white and colored telephone booths in Oklahoma. And there were separate windows where white people and black people would go to get their license plates in Indianola, Mississippi. And there were even separate tellers to make your deposits at the First National Bank in Atlanta.
After I began to make some money, my brain-damaged accountant put me in one business after another that went bad. The only one that panned out was a small bank, an old Scottish firm with London offices in Pall Mall. I was a director. We sold out to a larger bank. That was the only successful venture I've had, apart from acting.
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