Quotes About Monetary

In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade.

Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.

As long as the dollar remains in high esteem as a trade currency, America can continue to spend more than it earns. But when the day arrives - as it certainly must - when the dollar tumbles and foreigners no longer want it, the free ride will be over.

I don't think Keynesian Monetarism has to be Democrat or Republican.

The IMF is set up to deal with liquidity crises.

The Fed's independence is critical.

The global monetary crises of the 1990s (Mexico, Russia, Asia and Brazil) proved that our money system is now sick, and that this affects everything. After all, money plays the role of modern society's central information system equivalent to the nervous system in our own bodies. In order to prevent a global monetary meltdown, a unique vision of sustainable abundance, and the mechanisms for achieving this, is proposed.

Here in Bengal the production has to work under more pressing schedules partly caused by monetary reasons as the shooting has to be wrapped up within a limited number of days to prevent cost overrun and hence there is not much scope to rethink and alter.

The point then is not that there is a lack of public admiration for poetry and philosophy in the modern world, but that such admiration does not constitute a space in which things are saved from destruction by time. The futility of public admiration, which daily is consumed in ever greater quantities, on the contrary, is such that monetary reward, one of the most futile things there is, can become more "objective" and more real.

We should be moving toward local currencies not global or European currencies.

Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today.

Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.

It's hard in a monetary system to trust people.

In truth, the gold standard is already a barbarous relic.

I do think some digital currency will end up being the reserve currency of the world. I see a path where that's going to happen.

The dollar is currently the principal reserve currency in the world.

We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.

The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.

All the Federal Reserve can do is make loans against collateral.

Growth is always there in the MPC's scheme of things; we don't lose sight of that, but not at the cost of inflation.

In reality, while currency movements can have a significant impact on inflation in other countries, dollar movements have rarely had a meaningful or durable impact on prices in the U.S.

Civilized countries generally adopt gold or silver or both as money.

There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. If you look at all of the monetary crises over the last 100 years, any time that there has been even a whiff of a collapse of the dollar, the silver ratio has soared.

The only way to have several currencies from divergent nations lumped together is if they are culturally close, such as Germany, the Netherlands and Austria. If they aren't, it simply can't continue to work.