Interest Rate Quotes - Page 8

• The stock market in Japan was half the world market and where has the Japan economy gone since the 1990s? Nowhere. They've been struggling for two decades in the aftermath of a massive bubble that's collapsed. They've tried to work their way out of it by printing even more money and it hasn't worked. Now, I'm saying this is what all the central banks are doing. There is no honest interest rate in the world today.

  David Stockman

  Struggle, World, Today

  Fuente: www.pbs.org

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• Imagine you have six loans, small to huge. People want to close loans and because of that, they try to pay off the small loans, but that's not the right strategy. The right strategy, of course, is to pay the loan with the highest interest rate. People make this mistake and it costs them lots and lots of money, it's a very expensive mistake because interest rates accumulate and become very, very expensive very quickly.

  Dan Ariely

  Error, Gente, Intentarlo

  "A conversation with Dan Ariely, Author of Predictably Irrational". Big Think Interview, bigthink.com.

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• If you have loans, the first thing you want to do is say, "Okay, look I have a credit card, if I really need to borrow, I have this emergency money that I can get, but for now there is no reason for me to keep cash at zero percent interest rate and at the same time, pay all of this money out. So, I think people need to figure out quickly how to pay loans and how much cash they should really keep.

  Dan Ariely

  Cero, Pensamiento, Gente

  "A conversation with Dan Ariely, Author of Predictably Irrational". Big Think interview, bigthink.com.

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• A cash advance on a credit card is one of the worst types of borrowing because the interest rate is typically 21 percent or more.

  Suze Orman

  Cards, Credit, Cash

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• At some point the Japanese, Chinese and Saudi buyers of US and European Government bonds will see just what miserable value they offer. Then governments may have to stop all the runaway spending and bailouts and even put up interest rates.

  Luke Johnson

  Government, Chinese, May

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• The government can indefinitely control both short-term and long-term interest rates.

  Seth Klarman

  Government, Long, Interest

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• La deuda estudiantil está aplastando la vida de millones de estadounidenses. ¿Cómo es posible que podamos conseguir una hipoteca para una vivienda o comprar un coche con tipos de interés que equivalen a la mitad de los que se pagan por los préstamos estudiantiles? Debemos hacer que la educación superior sea asequible para todos. Debemos reducir sustancialmente los tipos de interés de los préstamos estudiantiles. Esta debe ser una prioridad nacional.

  Bernie Sanders

  Crush, Home, Car

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• I want you to say to me right from the start, "We are here to serve customers. We're not here for me to make a lot of money. We're not here to bet on interest rates or credit spreads. We are here to serve our customers really well over a long period of time, and that's how you build a successful business." And so I want to see that, too, you know?

  Jamie Dimon

  Successful, Long, Credit

  "Jamie Dimon sobre las finanzas: "¿Quién es el dueño del futuro?"". Entrevista con John Micklethwait, www.bloomberg.com. 1 de marzo de 2016.

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• I've found that when you can quickly knock out debt you get motivated because you see progress. Then you attack the other debt so fast that even if it's at a higher interest rate, you don't end up paying much more because you've gotten rid of it.

  Michelle Singletary

  Progress, Debt, Motivated

  "Color of Money Live". Live chat, live.washingtonpost.com. March 10, 2016.

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• Policies seemed almost deliberately designed to suppress new enterprise and job creation. How many Americans will start a business if the interest rates are 150 percent?

  Joseph Stiglitz

  Creation, Interest, Enterprise

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