Quotes About Monetary

Exchange-rate stability is extremely important.

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.

One grave and fundamental Keynesian error is to persist in regarding the interest rate as a contract rate on loans instead of the price spreads between stages of production. The former, as we have seen, is only the reflection of the latter.

The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.

The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM or the 1930s gold standard, and a state currency.

Honestly, direct monetary comparisons aren't helpful. If you're going to look at remuneration, you have to be realistic about what revenue we're bringing in for the organisation and the sport. And as it currently stands, women's cricket is still a cost to the business.

As you know, the United States has been a net debtor to the world each year since 1976, I believe. We've put a huge amount of dollars out into the world and those dollars have to be recycled in some way.

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.

Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed.

I will be Madame Frexit if the European Union doesn't give us back our monetary, legislative, territorial, and budget sovereignty.

It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.

Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union.

I would go to the European institutions, I would demand for the French people four sovereignties: territorial - our borders; monetary and budgetary; economic; and legislative. Either the European Union says yes to me, or they would say no, and I would say to the French, there is no only other solution but to leave the E.U.

It was the biggest inflation and the most sustained inflation that the United States had ever had.

In this way, the charge that the bank makes for the use of its notes - the interest - is a continual and universal tax upon all the members of the community.

I have a fascination with Egypt. It's the greatest civilization. When the rest of the world was still in darkness, there were universities in Egypt and there were monetary systems, the pyramids.

I know the Federal Reserve Bank can continue to print more and more money... but city and state governments cannot.

Since the Fed was established in 1913 the dollar has lost 95 percent of its value.

The very word "bank" caused heartburn among the Saudis, who associated it with the collection of interest. For that reason, when the king accepted Young's draft charter and created the central bank by royal decree in 1952, the institution was called the Saudi Arabian Monetary Agency, or SAMA, the name it still bears.

Some people pursue happiness in ways that tend to be accompanied by large incomes, others in ways that tend to be accompanied by lower incomes. In a free society, these choices are made voluntarily, with psychic rewards balanced against monetary rewards. Income inequality is accordingly large. So what?

I believe, unlike people that are totally free-market, laissez-faire fundamentalists, that there is an important role that the government can play - one, in providing public goods, whether it's education, health care, or other things, and two, supervising countercyclical policy - stimulus, whether it's monetary, fiscal, or otherwise.

It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.