Said Elias Dawlabani Quotes

#1. We deceive ourselves if we believe we can hold on to old models as ideologies whimper off to a shallow grave in prolonged agony of people, institutions and cultures.

Said Elias Dawlabani

#2. Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.

Said Elias Dawlabani

#3. Leaders in business and government, who fail to see the holistic interdependence of our planet, are destined to cause its demise.

Said Elias Dawlabani

#4. The job of the Federal Reserve is "to know when to remove the punch bowl at the party." Under Alan Greenspan's leadership its motto became "let's all get drunk and see what happens." It is now the morning after and the world will be dealing with Greenspan's hangover for the next several decades.

Said Elias Dawlabani

#5. In order for capitalism to evolve from its current toxic expression, I propose the value of international currencies be tied to an Index of Human Productive Output. The emphasis being on human productivity not inanimate machines and virtual assets created by the mirage of the investment banker

Said Elias Dawlabani

#6. The field of financial innovation, without rules that tie it to human productive output will be the cause of the next revolution.

Said Elias Dawlabani

#7. Money is to an economy as nutrition is to the human body. When central bankers ignore that relationship by providing more capital that functionally needed, they debase everything capitalism stands for.

Said Elias Dawlabani

#8. By making our defenseless planet the ultimate beneficiary of our economic activity, we align our values with a different set of motivations. When we begin to see life as an interdependent mesh, we place the survival of the human species on equal footing with our economic interests and ourselves.

Said Elias Dawlabani

#9. Our entire economy is based on productivity measures that have little to do with "human input". Sooner or later the entire system will collapse revealing the fallacy of an economy based on finance.

Said Elias Dawlabani