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Larry Summers

"Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response."

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"Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response."

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Asa Don Brown

"The only difference, apart from heaps of cash, between someone who is wealthy and someone who is poor is having the right mindset and attitude."

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Asa Don Brown

"Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions."

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Asa Don Brown

"Don't think money does everything or you are going to end up doing everything for money."

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Asa Don Brown

"Once you deposit that money in your checking account, it becomes the bank's money and you're just another one of their creditors."

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Asa Don Brown

"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."

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Asa Don Brown

"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."

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Asa Don Brown

"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."

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Asa Don Brown

"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."

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Asa Don Brown

"The difference between time and money is that money can be stored for future use. Most people make the mistake of saving money by wasting their time."

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Asa Don Brown

"Investing is a simple process of taking into account the present value and future value. The other major factor to understand here, is what you lose as a result of inaction. Consider what you can gain and what you can lose in your decision."

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Larry Summers
"It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets."
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Larry Summers
"Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient."
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Larry Summers
"Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us."
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Larry Summers
"Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular."
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Larry Summers
"In politics, as in poetry, it is sometimes true that it is darkest before dawn."
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Larry Summers
"It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today."
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Larry Summers
"The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history."
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Larry Summers
"The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness."
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Larry Summers
"It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century."
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Larry Summers
"We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises."
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