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The shadow banking sector has played an important role in cleaning up toxic assets.
Some people, through luck and skill, end up with a lot of assets. If you're good at kicking a ball, writing software, investing in stocks, it pays extremely well.
Place 5 percent to 10 percent of your total assets in gold bullion and selected gold and silver coins. No one knows with certainty whether the coming depression will be inflationary or deflationary.
When there wasn't any money involved, for all intents and purposes, nobody gave a damn. But now the land, supposedly worthless, is seen for what it really is: an incredibly valuable asset.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
The number of one's possible fantasies is inversely proportional to the amount of one's liquid assets. For him who has everything dreams are no longer possible.
When I was young, I thought banks were there to protect the assets of people who had justified concerns, because of their experiences under communism for example.
Low-income people everywhere will be at risk of food insecurity due to loss of assets, absence of alternative livelihood options and lack of adequate insurance coverage from extreme weather events.
Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
The state has no wealth it hasn't stolen, and the state has no assets whatsoever, except those which individuals have created in the first place and the state has taken.
The hardware business is all about per-unit manufacturing cost and functionality. The services business is less asset-intensive and more dependent on people.
Activists need to get the facts right. One of the big assets we have on our side is the truth, and we lose credibility and power if w e're loose with that.
I would not trade America's position in the world - our ledger, our debts and assets - for any country in the world. There isn't a country in the world even close to America.
The most important assets we have are our bodies and our energy which can be put to good use as resources in political activism for poor and working people.