A Quote by Michael Lewis

The United States stock market, the most iconic market in global capitalism, is rigged.

Michael Lewis

Quote Topics

Capitalism Global Iconic Market Most Rigged States Stock Stock Market United United States

Quote Author

Michael Lewis
American - Author
Born: October 15, 1960

My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.

David Hare

Somewhere along the way to free-market capitalism, the United States became the most wasteful society on the planet.

Paul Hawken

There is no country in the world where it's as easy to find venture capital in the stock market as the United States.

Ron Chernow

Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions.

Barry Ritholtz

We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.

Robert F. Kennedy, Jr.

Treatment of the apparently whimsical fluctuations of the stock quotations as truly non stationary processes requires a model of such complexity that its practical value is likely to be limited. An additional complication, not encompassed by most stock market models, arises from the manifestation of the market as a nonzero sum game.

Richard Arnold Epstein

The United States have developed a new weapon that destroys people but it leaves buildings standing. It's called the stock market.

Jay Leno

It is the professed goal [of U.S. multinational corporations] to control as large a share of the world market as they do of the United States market.

Harry Magdoff

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.

Michael Hudson

When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president.

Peter Schiff

The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.

James Daly

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

David Korten

The 10 largest antitrust law firms in the United States have gone into the federal courts charging Monsanto with creating a global conspiracy in violation of the antitrust laws, to control the global market in seeds.

Jeremy Rifkin

Ignorance, as well as disapproval for the natural restraints placed on market excesses that capitalism and sound markets impose, cause our present leaders to reject capitalism and blame it for all the problems we face. If this fallacy is not corrected and capitalism is even further undermined, the prosperity that the free market generates will be destroyed.

Ron Paul

To be honest, I've never invested in the stock market. My grandmother used to warn us against the stock exchange. My grandfather had lost a lot money in the share market. We are a working class family.

Pratik Gandhi

I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost identical to where it was in October 2007 and then there was a $7 trillion crash and before that in March 2000.

David Stockman

A Quote by Michael Lewis

Quote Topics

Quote Author

Related Quotes

Related Authors