Quotes About Fed

In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic.

If she were writing by candlelight she would now be in the dark, for a living flame would refuse to be fed by such pure exhaustion. Actually she is in the dark, for the

If she were writing by candlelight she would now be in the dark, for a living flame would refuse to be fed by such pure exhaustion.

The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008.

The Senate voted 59 to 39 in favor of an amendment I offered to the Budget Resolution calling on the Fed to tell the American people who they loaned $2.2 trillion to and how much each bank received.

I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law.

Obviously, I haven't succeeded in defusing the political concerns about the Fed.

Trust in the Lord and do good; so shalt thou dwell in the land, and verily thou shalt be fed.

The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government.

I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was invented to do exactly that.

The Fed has got to become a more democratic institution that is responsive to the needs of the middle class, not just Wall Street CEOs.

By focusing only on jobs and inflation—and, in effect, only on the former— the Fed behaved myopically, indeed politically.

Two of them drifted over to intercept me with the easy calm of big cats that have been fed recently.

If the Fed had a war on abortion like its war on poverty or war on drugs, within five years men would be having abortions!

The Fed has the ability to put money out, it's got the ability to take money back in, and if they don't do that, we will have hyperinflation worse than we had in 1980 and 1981.

Whatever flames upon the nightMan's own resinous heart has fed.

I, fed with judgment, in a fleshy tomb, am Buried above ground.

He adored his girls, but he's French, so he's, you know, women are there to be dressed and fed and fucked.

The media I've had a lot to do with is lazy. We fed them and they ate it every day.

The Fed is the greatest hedge fund in history.

The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems.

At the end of the day, inflation has been below 2% for quite a long time, and to me, symmetry means getting somewhere above 2% inflation at some point in my Fed career.

And this knowledge you say you've acquired—are you conscious of an increase in it since your ill-fated visit to the library?" Fed nodded. "I know more than ever.

Of course I've already taken a very modest position on the monetary system, I do take the position that we should just end the Fed.