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Monetary Quotes

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Monetary Quotes: "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"

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



Monetary Quotes: "Earth is abundant with plentiful resources. Our practice of rationing resources through monetary control is no longer relevant and is counter-productive to our survival."

Earth is abundant with plentiful resources. Our practice of rationing resources through monetary control is no longer relevant and is counter-productive to our survival.




Monetary Quotes: "Inflation is always and everywhere a monetary phenomenon."

Inflation is always and everywhere a monetary phenomenon.



Monetary Quotes: "The essence of community, its heart and soul, is the non-monetary exchange of value; things we do and share because we care for others, and for the good of the place."

The essence of community, its heart and soul, is the non-monetary exchange of value; things we do and share because we care for others, and for the good of the place.




Monetary Quotes: "I'm convinced that, in the long term, a monetary union includes a joint debt policy under strict, mutually agreed upon conditions."

I'm convinced that, in the long term, a monetary union includes a joint debt policy under strict, mutually agreed upon conditions.



Monetary Quotes: "Monetary policy itself cannot sensibly be directed at reducing imbalances."

Monetary policy itself cannot sensibly be directed at reducing imbalances.



Monetary Quotes: "It's hard in a monetary system to trust people."

It's hard in a monetary system to trust people.




Monetary Quotes: "However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound."

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.



Monetary Quotes: "Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation."

Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.



Monetary Quotes: "So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."

So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.



Monetary Quotes: "Domestic inflation reflects domestic monetary policy."

Domestic inflation reflects domestic monetary policy.



Monetary Quotes: "We made a decision that monetary policy will be made by an independent European Central Bank."

We made a decision that monetary policy will be made by an independent European Central Bank.




Monetary Quotes: "Monetary policy is not a panacea."

Monetary policy is not a panacea.



Monetary Quotes: "In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade."

In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade.



Monetary Quotes: "My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation."

My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.



Monetary Quotes: "Monetary expansion is a massive scheme of hidden redistribution."

Monetary expansion is a massive scheme of hidden redistribution.



Monetary Quotes: "What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war."

What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.



Monetary Quotes: "Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand"

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand



Monetary Quotes: "The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians."

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.



Monetary Quotes: "Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock."

Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.



Monetary Quotes: "Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy."

Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.



Monetary Quotes: "If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit."

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.



Monetary Quotes: "This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Wilson) signs this bill the invisible government of the Monetary Power will be legalized."

This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Wilson) signs this bill the invisible government of the Monetary Power will be legalized.



Monetary Quotes: "The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the US dollar should be kept at a reasonable and stable level."

The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the US dollar should be kept at a reasonable and stable level.



Monetary Quotes: "rejected both the appropriateness of an apology and of monetary redress."

rejected both the appropriateness of an apology and of monetary redress.



Monetary Quotes: "For my generation, the monetary union has always been about forging peace."

For my generation, the monetary union has always been about forging peace.



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

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



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

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



Monetary Quotes: "It strengthens the bonds between nations to have the same civil laws and the same monetary system."

It strengthens the bonds between nations to have the same civil laws and the same monetary system.



Monetary Quotes: "We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy"

We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy



Monetary Quotes: "At best, in such depression times, monetary policy is a feeble reed on which to lean."

At best, in such depression times, monetary policy is a feeble reed on which to lean.



Monetary Quotes: "Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis."

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.



Monetary Quotes: "The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain."

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain.



Monetary Quotes: "I only took a high school acting class because there was no other class I wanted to take. I loved it, but I was always against acting as a profession. I didn't like the monetary fluctuations I saw."

I only took a high school acting class because there was no other class I wanted to take. I loved it, but I was always against acting as a profession. I didn't like the monetary fluctuations I saw.



Monetary Quotes: "Fiscal policy, monetary policy, they need to work together to try and raise the level of growth."

Fiscal policy, monetary policy, they need to work together to try and raise the level of growth.



Monetary Quotes: "This is the darkest hour before dawn and we should never underestimate monetary authorities' ability to deal with the adversity."

This is the darkest hour before dawn and we should never underestimate monetary authorities' ability to deal with the adversity.



Monetary Quotes: "Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability"

Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability



Monetary Quotes: "I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed."

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.



Monetary Quotes: "Inflation is a monetary phenomenon. It is made by or stopped by the central bank."

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.



Monetary Quotes: "Price, taken by itself, is nothing but the monetary expression of value."

Price, taken by itself, is nothing but the monetary expression of value.



Monetary Quotes: "The euro is a sickly premature infant, the result of an over-hasty monetary union."

The euro is a sickly premature infant, the result of an over-hasty monetary union.



Monetary Quotes: "I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that."

I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that.



Monetary Quotes: "The monetary policies of the US will destroy the world."

The monetary policies of the US will destroy the world.



Monetary Quotes: "And still, the best of us build, and reach monetary gains. Some of us kill, but still, most of us can change."

And still, the best of us build, and reach monetary gains. Some of us kill, but still, most of us can change.



Monetary Quotes: "Oxytocin infusion increases generosity in unilateral monetary transfers by 80 percent [and] increases donations to charity by 50 percent."

Oxytocin infusion increases generosity in unilateral monetary transfers by 80 percent [and] increases donations to charity by 50 percent.



Monetary Quotes: "The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity."

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.



Monetary Quotes: "I don't think anyone sets out to malign poor people but certainly that's what we do through organizations such as the World Trade Organization, the World Bank and the International Monetary Fund."

I don't think anyone sets out to malign poor people but certainly that's what we do through organizations such as the World Trade Organization, the World Bank and the International Monetary Fund.



Monetary Quotes: "A sunny disposition is worth more than [a monetary] fortune. Young people should know that it can be cultivated; that the mind like the body can be moved from the shade into sunshine."

A sunny disposition is worth more than [a monetary] fortune. Young people should know that it can be cultivated; that the mind like the body can be moved from the shade into sunshine.



Monetary Quotes: "These are the multinationals, like General Motors and Nestle; these are the big industrial groups that weigh, on the monetary scale, much more than big countries like Egypt."

These are the multinationals, like General Motors and Nestle; these are the big industrial groups that weigh, on the monetary scale, much more than big countries like Egypt.