I don't think that the ECB should compensate for the lack…

“The question is whether the ECB will be able to fight low inflation by itself. Mr Draghi signalled that the central bank could only…

— Anonymous

The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary…

— Ben Bernanke

Ever since its founding in 1913, the Fed has described itself as an "independent" agency operated by selfless public servants striving to "fine-tune" the…

— Thomas DiLorenzo

Quantitative easing is just the latest chapter in the Federal Reserve’s hundred-year history of failure. (...) The American people have suffered long enough under…

— Ron Paul

I'm not trying to be diplomatic. I'm trying to be more nuanced and realistic. I think there has to be a serious examination of…

— Stephen Harper

Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control…

— Friedrich August von Hayek

The excellence of metallic money in free circulation consists in the fact that it renders impossible the abuse of the power of the government…

— Faustino Ballve

Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…

— Janet Yellen

The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert…

— William Vickrey

“The Fed is still on the same track.” Whatever you call it, the benign economic environment has supported a bull market since 2009, and…

— Anonymous

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

— Paul Krugman

That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we…

— Vaclav Klaus

It's a challenge for monetary policy to communicate that our inflation objective is 2 percent.

— Charles L. Evans

Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.

— Urjit Patel

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal…

— Amity Shlaes