Quotes About Central bankers

What has made central bankers into the exemplar of modern crisis-fighting is the vacuum created by the evisceration of organized labor, the absence of inflationary pressure, and more broadly, the lack of antisystemic challenge.

Central bankers tend to be conservative by nature.

When it comes to policies of central bankers, the biggest systemic risk we have... are those policies.

'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.

Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system.

As stupid as it might sound, older people everywhere would probably be better off if they'd abandoned prudence and borrowed more. That is obviously not what the central bankers or our political leaders want. But that's the situation they've created.

The problem isn't with the choices made by central bankers. The problem is that they possess the power to make any choice at all.

Our banking system is like a bunch of kids stealing from the cookie jar, and when the central bankers are questioned about it, they lie, or they say they're doing it for our own good - and then we keep putting cookies in the jar - and keep allowing them to steal - when all that's really happening is they're getting a free snack on us. They don't even have to be on their best behavior to get the treat!

As politically independent central bankers, we had to walk a fine line.

I told the other central bankers I appreciated their support. It was more than lip service. Each

Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.

Once an economy reaches a certain level of acceleration... the Fed is no longer with you... The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation and things getting too hot.

Central bankers have had enormous responsibilities thrust on them to compensate, essentially, for the failings of the political system. And my worry is we don't have sufficient tools to do that, but we're not willing to say it.

Very deliberately, the central bankers have punished savers, pushing interest rates so low that any truly safe investment - and older people are always advised to play it safe - yields a negative return when inflation is factored in.

The role of monetary policy is to smooth out business cycles by promoting steady inflation and healthy labor markets, but modern central bankers have taken an activist turn.

Central Bankers are driving us to Hell in a vehicle We are paying the installments on

Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage.