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Mohamed El-Erian Quotes: The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike.
         

The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike.


Mohamed El-Erian
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Other quotes of Mohamed El-Erian


The world is on a bumpy journey to a new destination and the New Normal.

The world is on a bumpy journey to a new destination and the New Normal.



Investors should invest on what they know. The biggest mistake is to invest on what they don't know.

Investors should invest on what they know. The biggest mistake is to invest on what they don't know.



Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?

Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?



Most people are under exposed to global assets, including foreign stocks, bonds and currencies.

Most people are under exposed to global assets, including foreign stocks, bonds and currencies.



Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.

Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.



We normally think if you're going to lend someone money, you should get some reward for doing this. In Europe, it's a tax!

We normally think if you're going to lend someone money, you should get some reward for doing this. In Europe, it's a tax!



How long can interest rates stay negative? Think about this. Not only are you lending your money to governments, but you're paying them interest for the privilege of doing so.

How long can interest rates stay negative? Think about this. Not only are you lending your money to governments, but you're paying them interest for the privilege of doing so.



Today's reports confirm that, unfortunately, post-crisis America is still not back to its good economic self.

Today's reports confirm that, unfortunately, post-crisis America is still not back to its good economic self.



As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.

As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.



As we spend more, and as companies are pushed to invest, they say, "Hey wait a minute! There's more demand in the system. Let's invest more."

As we spend more, and as companies are pushed to invest, they say, "Hey wait a minute! There's more demand in the system. Let's invest more."





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I don't like regressing - I move beyond. Life belongs to the future and I believe in creating History rather than visiting and revisiting the past.

I don't like regressing - I move beyond. Life belongs to the future and I believe in creating History rather than visiting and revisiting the past.



Finally, mercifully, the spasms subsided, as the old man’s head lolled back, his mouth hanging open, taking in deep, ragged breaths of stale, recirculated air.

Finally, mercifully, the spasms subsided, as the old man’s head lolled back, his mouth hanging open, taking in deep, ragged breaths of stale, recirculated air.



Obedience is the opener of eyes.

Obedience is the opener of eyes.



Science, as long as it limits itself to the descriptive study of the laws of nature, has no moral or ethical quality and this applies to the physical as well as the biological sciences.

Science, as long as it limits itself to the descriptive study of the laws of nature, has no moral or ethical quality and this applies to the physical as well as the biological sciences.



We have actually experienced in recent months a dramatic demonstration of an unprecedented intelligence failure, perhaps the most significant intelligence failure in the history of the United States.

We have actually experienced in recent months a dramatic demonstration of an unprecedented intelligence failure, perhaps the most significant intelligence failure in the history of the United States.



Who would give a law to lovers? Love is unto itself a higher law.

Who would give a law to lovers? Love is unto itself a higher law.



The secret to a long marriage is to stay gone.

The secret to a long marriage is to stay gone.



The people around you are you. They share your history. They can even write it with you. And when you lose one, there's no doubt you lose some of yourself, however they're lost.

The people around you are you. They share your history. They can even write it with you. And when you lose one, there's no doubt you lose some of yourself, however they're lost.



I voted for Arnold Schwarzenegger 'cause I figured he can go back in the future. Put that in the act.

I voted for Arnold Schwarzenegger 'cause I figured he can go back in the future. Put that in the act.




Quote Description


This page presents the quote "The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike.". Author of this quote is Mohamed El-Erian. This quote is about political, central banks, monetary policy, autonomy, relative, approval, congress, needs, interest rate,.