A Quote by Paul Volcker

The only thing useful banks have invented in 20 years is the ATM.

Paul Volcker

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ATM Banks Invented Only The Only Thing Thing Useful Years

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Paul Volcker
American - Economist
Born: September 5, 1927

When ATM machines came out and people were prosecuted for robbing ATM machines, I don't think anybody thought the banks were against technology because they didn't want their ATM machines lifted.

Hilary Rosen

We have seen things in the twentieth century like the ATM machine, the VCR, and even the car. The electric car was invented in 1920, and here we, 100 years later, it is only now becoming an actual thing. So it doesn't surprise me that new ideas are met with a lot of questions.

Joe Gebbia

The music industry was invented, like, 100 years ago. I'm talking about the goddess Matangi, who invented music 5,000 years ago. She was the only thing that inspired me.

M.I.A.

When I started the business, only banks operated at airports, only banks issued travellers' cheques, only banks issued international payments, only banks serviced their own branch networks.

Lloyd Dorfman

The economy in the next 20 to 25 years is going to change more than they did in the last 20, 25 years. And that's because exponential trends are affecting a bigger and bigger share of the economy. So we have some huge disruptions in store, and I can't predict exactly what the innovations are going to be. If I did, I would have already invented them. But I think they'll be comparable to the innovations we saw in the past 20, 25 years if not greater.

Erik Brynjolfsson

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

Noam Chomsky

If we're damaged it will take 20 years to fix ourselves. It only takes one year to cause 20 years of damage.

Brian Schmidt

The only thing I admit I can't do with my long nails done is trying to get my card out of the ATM.

Rosalia

Writing is the hardest thing I know, but it was the only thing I wanted to do. I wrote for 20 years and published nothing before my first book.

Kent Haruf

The scope of activities for payments banks mainly includes acceptance of demand deposits, issuance of ATM/debit cards, payment and remittance services, and distribution of third-party products.

Chanda Kochhar

In almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).

Dave Ulrich

I managed the Dodgers for 20 years. It's hard to believe that there are only four guys in the history of baseball who managed the same team for 20 years or more. One was owner of the team, Connie Mack. Another was part owner of the team, John McGraw. Then there was my predecessor, Walter Alston, and me. It's amazing. In the 20 years I managed the Dodgers, 210 managers were fired.

Tommy Lasorda

If a player is 20 or 21 and sits on the bench for two or three years, I don't know if that's useful.

Joachim Low

No business in the economy has the easy money that banks get to play with.... The existence of banks with single digit amounts of equity is a completely unhealthy existence -- that is not only a risk for the banks, but for all of us.

Anat R. Admati

It's not even so much about publicity, it's more just letting people know that things are available, because books aren't a flash in the pan thing. It's more like: "It took 20 years for this book to be done and now it'll be on a shelf for 20 years until the right person finds it."

Ian Christe

Leadership can not be measured in a poll or even in the result of an election. It can only be truly seen with the benefit of time. From the perspective of 20 years, not 20 days.

Marco Rubio

A Quote by Paul Volcker

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