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James Rickards Quotes: Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.
         

Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.


James Rickards
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"James Rickards Quotes." Quoteslyfe.com, 2024. Mon. 23 Dec. 2024. <https://www.quoteslyfe.com/quote/Derivatives-serve-practically-no-purpose-except-to-687392>.





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Quote Description


This page presents the quote "Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.". Author of this quote is James Rickards. This quote is about opaque, bankers, derivatives, accounting, purpose, investors, balance, pricing,.