A Quote by Robert Maxwell
You are as safe with me as you would be in the Bank of England.
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I've spent hundreds of thousands of pounds on the very best security and I can assure you my homes are as safe as the Bank of England.
Housing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules unlike their continental equivalents. This has emerged to be one of the main bottlenecks to getting investment going in the U.K. It is a Bank of England issue.
The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks - the most pernicious and insidious of all.
He [Stanley Matthews] told me that he used to play for just twenty pounds a week. Today he would be worth all the money in the Bank of England.
Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.
When I was very young in London, I had a bank account, which didn't have a great deal in it. I should think at least every three months the bank manager would call me up and threaten to strangle me because I had no money, and I was writing checks.
When I was at home, I felt loved and safe. My sisters were always a safe haven for me. I knew they would always play with me and make me feel like I was one of them.
An overview of all wars since the establishment of the Bank of England in 1694 suggests that most of them would have been greatly reduced in severity, or perhaps not even fought at all, without fiat money.
I think I would play well in England. With my height I am suited to the long ball and with the kind of crosses they put in, in England I think it would be better for me to play there.
So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?
I went to the library and learned how checks work. I found out that routing numbers are like zip codes: the checks are sent to the bank that correlates to the routing number. If I manipulate those numbers to a bank far away, it would take longer to get back to the bank, which gave me more time to write more bad checks.
Everyone wants to be safe. Well, I got news for you: You can't be safe. Life's not safe. Your work isn't safe. When you leave the house, it isn't safe. The air you breathe isn't going to be safe, not for very long. That's why you have to enjoy the moment.
To protect people's lives and keep our children safe, we must implement public-works spending and do so proudly. If possible, I'd like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost. That would also forcefully circulate money in the market. That would be positive for the economy, too.
I really love the combination of Israel and England. They are completely different. The British are very private and keep things to themselves, while Israelis aren't that way. In England, I couldn't make friends with people in the supermarket or people who work at my bank or post office, but in Israel I can, and I like that.
We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit.
I want to assure all Yes Bank depositors that their money is safe.
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