Quotes About Monetary

Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry.

Audit the Fed is a bill that would politicize monetary policy, would bring short-term political pressures to bear on the Fed. In terms of openness about our financial accounts, we are extensively audited.

It would be equivalent to $500 million today.)

If the people of this nation understood our banking and monetary system, I believe there would be a revolution tomorrow morning.

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.

We are selling ourselves very short by funneling our energies into what the traditional perception is of academic and monetary success.

One must live with all, e'en if life be hell: Crime makes shame, not monetary stricture.

An American credit card… is just as good in Europe as American gold used to be.

Homer and Sylla, History of Interest Rates, p. 191.

There's no other job in public life that is like chairman of the Fed.

Actually, I wish I did nothing but write. Acting takes a lot of heat off of me monetarily but it puts a lot of beat on me emotionally.

I have the privilege of having two parents who were capable and willing to support me - emotionally and monetarily.

The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term.

During my first summer in college, I travelled to California for the first time for a beauty pageant. It was solely for monetary reasons because winners were to get scholarships.

I believe that the history of Fed policymaking is that, you know, there are times when we need to raise rates.

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.

I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

To nations holding large amounts of that particular currency in their reserve vaults, the effects of the devaluation is the same as if the vaults had been burglarized.

We were guided by what we had learned from the charitable giving we had done over several decades. One principle was to make the gift transformative, with an impact well beyond what you'd expect from the monetary amount. We also wanted to fund projects that wouldn't happen without our support. These conditions were met.

Art is not about objects of high monetary exchange. It's about reasserting our firsthand experience in present time.

A person should never feel ashamed of the successive failure in own career and life because if he gets to know the fact as how most people have made their monetary success and shamelessly show happiness over it , then he would not even like to spit on their shit face.

A self-seeker knows very well that everyone wants Success and Happiness only in life so s/he would never speak to others beyond and besides these or related words via thoughts or speech because saying other than these may offend the audience and affect her/his preaching business and monetary progress.