Quote by Howard Davies
Most people...find a disorientating mismatch between the long-term

Most people…find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets. – Howard Davies

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Other Quotes from
Banks / Banking
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I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. – Thomas Jefferson

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Banking establishments are more dangerous than standing armies. – Thomas Jefferson

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There is two things that can disrupt business in this country. One is War, and the other is a meeting of the Federal Reserve Bank. – Will Rogers

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A bank is a place that will lend you money if you can prove you dont need it. – Bob Hope

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