Financial Chaos Quotes

Derivatives are financial weapons of mass destruction.

The best way to destroy the capitalist system is to debauch the currency.

Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.

Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

A disordered currency is one of the greatest political evils.

This circulating medium has a natural tendency to lessen by degrees the value and the use of money, and finally to render it powerless; and consequently to sweep away all the crushing masses of fraud, iniquity, cruelty, corruption and imposition that are built upon it.

You don't have to look any farther than the state of California to know that having a 'Gordian knot' of conflicting measures acting upon on your state budget is a recipe for disaster.

I've always said that the first season was the first act of my feature, so this is what I meant. I wanted the story of 'Mr. Robot' to be Elliot actually accomplishing his goal, setting the world into chaos. What would happen to society if something like this occurred where, basically, if the consumer-debt industry were to be erased?

The 2008 financial crisis is usually attributed to vampire squid greed. There was certainly a lot of that. But it was also just as likely to have been caused by the chaos of process created by those big, sexy bank mergers when, in the name of 'economies of scale,' critical members of the trust and responsibility chain were cavalierly eliminated.

Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other!

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

The business was in a very difficult state when I first took over the company. I walked into a situation where cheques were getting written, popped in drawers, so that when people phoned up, they could honestly say, 'Look, we've signed the cheque. You'll get it ultimately.'

I'll be blunt: Money's gotten buggy.

Insanity has infected all the central banks of the world.

Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.

Destabilization and turmoil,[Steven] Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.

Hating Wall Street is an American tradition that dates back even to the days when Thomas Jefferson cursed that money lover Alexander Hamilton. And for centuries, the complaints about it have largely stayed the same: 'It does nothing! It creates chaos! It's a parasite that sucks hardworking Americans dry!'

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose

When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.

I love talking in lira because, suddenly, everything is in billions.

This business will get out of control. It will get out of control and we'll be lucky to live through it.

Imagine having "no chain of titles for cars, no VIN numbers, and no DMV. There'd be total chaos! But that's basically the system for debt.

It should be illegal to yell 'Y2K' in a crowded economy.