The world is constantly in a race to the top, in terms of there's a limited amount of capital and you've got to figure where it's going. And if your currency is weakening, that means you're paying a load.
Drying up of capital has different consequences in different environments.
Like air traffic, the free movement of capital needs controls.
A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward.
When a population saves a lot, the funds are invested outside the country as well as inside. If the Japanese invest in the United States, it pushes their exchange rate down and makes their manufacturing more competitive.
We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.
Capitalism does what it does and money doesn't belong to anybody. It just stays in someone's wallet for a while, then it goes somewhere else. It always goes somewhere and it is always about to go somewhere.
You know, capital isn't patriotic. Capital goes to where it needs to go to get a return.
Titles of property, for instance railway shares, may change hands every day, and their owner may make a profit by their sale even in foreign countries, so that titles to property are exportable, although the railway itself is not.
A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.
As an investment banker, I'm in the cross-flow of information and the changes that are taking place in capital markets.
Making money, it seems, is all about the velocity of moving it around, so that it can exist in Hong Kong one moment and Wall Street a split second later.
Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.
Funds are fungible .... Capital controls are extraordinarily difficult to implement and enforce.
Every American business, from the biggest companies to small hardware companies, need money to flow through the system not only to create new jobs but to sustain existing jobs.
Borders are semiporous. Capital flows more freely than people across them. on C Span.
Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.
During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.
So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.
The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.
Cutting off the flow of capital is like cutting off the flow of oxygen. Virtue alone will not produce oxygen.
Money will always flow toward opportunity, and there is an abundance of that in America.
Business people across the world are seeing the possibility of Donald Trump being president, and this is a big thing that I believe is inspiring people to put money here in America instead of Germany or other places where we have lot of things going on.
Capital will follow where great talents go.
The emerging economies, many of them are concerned. They didn't want the money to slosh in. They are afraid when the money sloshes out, but the tapering has to take place, and we have to be able to manage it.
