A Quote by Paul Singer

'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.

Paul Singer

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Paul Singer
American - Businessman
Born: August 22, 1944

I agree that income disparity is the great issue of our time. It is even broader and more difficult than the civil rights issues of the 1960s. The '99 percent' is not just a slogan. The disparity in income has left the middle class with lowered, not rising, income, and the poor unable to reach the middle class.

Eleanor Holmes Norton

When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.

Michael Hudson

Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.

Dee Dee Myers

As stupid as it might sound, older people everywhere would probably be better off if they'd abandoned prudence and borrowed more. That is obviously not what the central bankers or our political leaders want. But that's the situation they've created.

Neil Macdonald

The diversity of our cultures is Europe's greatest asset. We have to preserve this asset. And any political intervention that reduces this diversity is a loss to Europe.

Jaroslaw Kaczynski

We in America were worried about many problems dealing with economic inequality and political inequality. The Communist Party seemed to be the only political force, both concerned and willing, to take action to stop the threat of fascism abroad and to work for economic and political reform in this country.

Sidney Buchman

In the words of Louis Brandeis, the Supreme Court justice, we have a choice between a democracy or vast concentrations of wealth. We have vast concentrations of wealth which has bought its way into our democracy with its political leaders who exemplify the merger of that economic and political elite.

Jill Stein

Germany has become the economic heart of Europe because our leaders are weak. But Germany should never forget that France is Europe's political heart. What is happening here today foreshadows what will happen in the rest of Europe in the coming years: the great return of the nation-state, which they wanted to obliterate.

Marine Le Pen

In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.

Bernie Sanders

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 I was put up as a candidate for this, I was a political person. But after becoming the president, I become non-political, a-political, because president does not then belong to any political party.

Pratibha Patil

This is not the time for political fun and games. This is the time for a new beginning. I ask you now to put aside any feelings of frustration or helplessness about our political institutions and join me in this dramatic but responsible plan to reduce the enormous burden of Federal taxation on you and your family.

Ronald Reagan

A political race today, even a primary, is $150 million. The whole political system has become obscene in terms of the absurd amount of money that is required to compete. Just put it on ESPN and call it a sporting event.

Mike Huckabee

The U.S. and, to a certain extent, countries in Europe as well, have experienced growing inequality within their population for decades - a small group of people own the lion's share of the wealth. Populists take advantage of this, and their policies are extremely hard to predict. And this has serious consequences. Companies shy away from risk, postponing their investment decisions in times of uncertainty, the stock markets get nervous and unemployment threatens to increase.

Nicholas Bloom

Let us wage a moral and political war against the gross wealth and income inequality... ...let us understand that when we stand together, we will always win.

Bernie Sanders

A few years ago the idea that extreme poverty was harmful was on the fringes of the economic and political debate. But having made the case we are now seeing an emerging consensus among business leaders, economic leaders, political leaders and even faith leaders.

Winnie Byanyima

A Quote by Paul Singer

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