Quotes About Economy

The Bush administration did stop filling the reserve in 2002 when it helped the oil industry. Now they should do it to help the consumer.

The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example.

The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.

The Federal Reserve has the responsibility to protect the credit rights of consumers.

Fractional reserve banks are sitting ducks and are always subject to contraction. When the banks' state of inherent bankruptcy is discovered, for example, people will tend to cash in their deposits, and the contractionary, deflationary pressure could be severe.

Ron Paul's crazy talk about the Federal Reserve makes more sense these days. Right now, every - all this debt issued by the United States people assume the Chinese are buying, no they don't want any more American debt. Ron Paul has a point there.

Well, the chairman of Federal Reserve just made his move to rescue Barack Obama. We're gonna have QE3. We're gonna print some more money.

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

We keep our reserves both in dollars and in Euros mostly.

My father use to say if coal died, the country died. He was right. Our economy rests on the back of the coal miner. If we did not have the black diamonds of the mountains to burn, we would lose more than half of the nation's energy reserves.

Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.

As much as with increased exploration new gas reserves can be found, what must be obvious to all is that our oil and gas reserves are not renewable and they are diminishing, and to protect the generations to come, we must engage in nothing short of a radical shift in the diversification of the economy.

Cities are important because that's where the majority of the world's population lives and an even bigger share of the global economy resides.

I resigned on my own, and during my time, the country enjoyed a period of great prosperity.

History has demonstrated time and again the inherent resilience and recuperative powers of the American economy.

We don't know what's around the corner - and we must do everything to ensure we get our country's debts down, building our resilience so we don't repeat the mistakes of the past.

A lot of the factories that had been the bedrock of many small cities were being shut down, which led me to investigate what I'm calling the 'de-industrial revolution.'

You can shut down our economy and the effect on climate change, it will be nothing.

The heavy hand of government and its rules are causing family businesses to shutter their doors.

The consequence of shutting down the government was not healthy.

Of course, health is the most important thing, but shutting down the entire economy for months is also not an option. Everyone should use their common sense.

We're at economic war with China. It's in all their literature. They're not shy about saying what they're doing.

I inherited a sick economy and passed on a sound one. But one abiding regret for me is that, in between, I did not have the resources to put in place the educational and social changes about which I cared to much; I made only a beginning, and it was not enough.

In the future, it's going to become more and more impossible for the economy to support how expensive medical care is and the number of sick people we have. Why don't we just get our population healthier so we don't need medical care?