Quotes About Monetary

We're instead pursuing other priorities: physical pleasure, emotional catharsis, monetary stability. All these things are important, of course, but they don't bring lasting happiness.

White therefore wanted to rewrite the rules of the American monetary system to give a revamped Federal Reserve far more discretionary powers than the gold standard could accommodate, and then convince the rest of the world to help make such a new system stick internationally.

Domestic inflation reflects domestic monetary policy.

I don't think that the ECB should compensate for the lack of reforms in some countries... But it is clear that monetary policy can help countries and continents to rebound faster.

I loved performing and knew it was what I wanted to do for the rest of my life, that regardless of monetary success, I wanted to make an impact while doing what I loved and that would be successful for me.

What we should all argue for is the use of freedom rather than having a monetary system with regulation domination that is run by a cartel and the special interests - that is the kind of system we have today.

Inflation in Russia is primarily related to internal factors.

When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.

You always worry about the devaluation of the dollar, but the devaluation of the dollar is based oftentimes on what the government decides to do.

My music is not worth $2.5bn. And also, I'm not rich.

War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America.

The euro is a potent tool used by Germany to engage in permanent monetary dumping.

I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation.

There's the common misconception that restaurants make a lot of money. It's not true. If you look at maybe the top chef in the world, or at least monetarily, it's like Wolfgang Puck, but he makes as much money as an average crappy investment banker.

I may be a dreamer, but I think monetary economics should be a hot topic.

Monetary policy is one of the most difficult topics in economics. But also, I believe, a topic of absolutely crucial importance for our prosperity.

Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26% of the total money supply.

Corporate totalitarianism means total control by corporate interests. If they want a war, they get a war. If they want GMOs, they get GMOs. If they want fracking, they get fracking. If they want big banks to control our monetary policy, big banks control our monetary policy.

A little extravagance can be defensible, so long as you buy the right things, appraising them for their payoff potential. Ask yourself 'can the object, in any way, be construed as a life investment?' by 'life investment' we mean something that will not only appreciate monetarily, but that will also a) save you money in the long-term, or b) grant you status, cultural enrichment, and/or intense pleasure.

I always wondered about that: if you can create money out of thin air, why not do that far more than is being done already?

the Court has ruled that government officials who are sued for monetary damages—whether they are federal officers sued under Bivens or state or local officers sued under Section 1983—have an immunity defense. Step by step it has found that many in the criminal justice system—judges, prosecutors, and police officers as witnesses—are absolutely immune from being sued.

Such lawsuits, known as "Bivens suits," are an essential way to enforce the Constitution and hold federal officers liable, especially since the U.S. government has sovereign immunity and generally cannot be sued for monetary damages.

The Federal Reserve is a fount of credit, not of capital.

ECCLES: That is what our money system is. If there were no debts in our money system, there wouldn't be any money.