Anat R. Admati quotes

“Is this complicated, risky [banking] system the best we can have?”
-- Anat R. Admati

#Banking Quotes #Complicated Quotes

“Typical reaction to scrutiny: attack and mock messenger and message, minimize the problem, hope attention dies down.”
-- Anat R. Admati

#Typical Quotes #Attention Quotes #Messengers Quotes

“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

#Play Quotes #Risk Quotes #Easy Quotes

“Beware of economists who hide assumptions.”
-- Anat R. Admati

#Assumption Quotes #Economist Quotes

“The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis.”
-- Anat R. Admati

#Banking Quotes #Symbiosis Quotes #Problem Quotes

“It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.”

“The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.”

Source : Eustace Clarence Mullins (2013). “The Study of The Federal Reserve and Its Secrets”, p.180, Simon and Schuster

“The most difficult and complicated part of the writing process is the beginning.”

“People think fame and money will bring you happiness. Fame actually makes life, especially human relationships, much more complicated.”

“A truly good movie is enjoyable too. There’s nothing complicated about it.”

“I like to make an image that is so simple you can't avoid it, and so complicated you can't figure it out.”

Source : Alex Katz, Vittoria Coen, Lisa Liebmann (1999). “Alex Katz. Catalogo della mostra”, Hopeful Monsters

“Life isn't complicated. It's very simple, really. It's us who make it complicated.”

“I was just a very dark kid. My family was complicated.”

“Violence never brings permanent peace. It solves no social problem: it merely creates new and more complicated ones.”

“I mean Afghanistan is a very rugged, complicated country.”