Jamie Dimon Quotes

70 to 80 percent of country economy is controlled by the Bolivian state, and the other percentage by the private sector. We admit that it's legal, constitutional, that the private sector is entitled to its own economy, but to ensure these profound changes that clearly this government is promoting, including profound changes in the food industry, what we are doing is an important step.

It is the aim of good government to stimulate production, of bad government to encourage consumption.

It's time to create an Economic Growth Code whose purpose is to fix and grow the economy, not redistribute massive amounts of wealth.

Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort.

It appears that Wall Street is not acting as a force for economic expansion, providing access to capital for companies that make things. Rather, it seems, Wall Street is using government bailouts to lever up.

The realities of the modern global economy require government to play a substantial role in ensuring the national and economic security of the people.

Since 1840 the United States has had 12 systemic banking crises and Canada has had none …. It all has to do with politics.

China’s rulers wanted row country to get rich, but not at the cost of control.

We are very supportive of the economic reforms that the Chinese government have talked about.

I believe and still believe that the Chinese government puts great weight on the experience of the Bank in terms of development.

It was always the intention that Shriram would have started a bank at some point.

To understand the motivations behind Chinese government policy decisions, look no further than their impact on State-Owned Enterprises.

Today, the Indian government is trying to present privatization as the alternative to the state, to public enterprise. But privatization is only a further evolution of the centralized state, where the state says that they have the right to give the entire power production in Maharashtra to Enron.

It is government policy to phase out subsidies to nationalised industries. In line with this, the government hopes that the coal industry will be able to operate without the need for assistance apart from social grants.

There are lots of other things that affect state growth besides state taxes. However, the reason I look at taxes is because these are policy variables that can be changed by state governments in order to get better results than they otherwise had.

People have put a lot of faith in the government's ability to get growth going in China. People have this, what I think, illusion that there are six people in China who really have their hand on every button. And what we're learning is, it's a very big economy and they're not that good at it.

The government's the one thing that's not supposed to grow. The U.S. economy is supposed to grow. The two things can't really happen together.

I think the modernization of Chinese economy and Chinese society is a prime concern.

I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if you're a country that has a stated policy of relying less on exports and more on consumer spending, domestic spending?

Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.

Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.

If the government can't get the economy moving again, they have a lot of fundamental problems.

Of course we will continue to work for cheaper electricity in the homes and on the farms of America; for better and cheaper transportation; for low interest rates; for sounder home financing; for better banking; for the regulation of security issues; for reciprocal trade among nations and for the wiping out of slums. And my friends, for all of these we have only begun to fight.

Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.

It is no coincidence that the century of total war coincided with the century of central banking.