--- title: "4 Central bank Quotes By Neil Macdonald" description: "4 Central bank quotes by Neil Macdonald. Plus more from Neil Macdonald and more Central bank sayings from other authors." image: "https://sms4smile.com/quotes/i/d1d/neil-macdonald-5908_bankers_quietly-without-much-public-fuss-or-disc_385969.jpg" --- > [Quietly, without much public fuss or discussion, a new ruling class has risen in the richer nations. These men and women are…](https://sms4smile.com/quotes/neil-macdonald/quietly-without-much-public-fuss-or-discussion-a-new-ruling-class-has/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) [Image](https://sms4smile.com/quotes/i/d1d/neil-macdonald-5908_bankers_quietly-without-much-public-fuss-or-disc_385969.jpg) > [The Fed has been acting in rare concert with central banks worldwide to encourage borrowing and spending - and risk. And because…](https://sms4smile.com/quotes/neil-macdonald/the-fed-has-been-acting-in-rare-concert-with-central-banks-worldwide/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) [Image](https://sms4smile.com/quotes/i/f90/neil-macdonald-5908_acting_the-fed-has-been-acting-in-rare-concert_518892.jpg) > [Very deliberately, the central bankers have punished savers, pushing interest rates so low that any truly safe investment - and older people…](https://sms4smile.com/quotes/neil-macdonald/very-deliberately-the-central-bankers-have-punished-savers-pushing/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) [Image](https://sms4smile.com/quotes/i/237/neil-macdonald-5908_central-bank_very-deliberately-the-central-bankers-ha_963994.jpg) > [As stupid as it might sound, older people everywhere would probably be better off if they'd abandoned prudence and borrowed more. That…](https://sms4smile.com/quotes/neil-macdonald/as-stupid-as-it-might-sound-older-people-everywhere-would-probably-be/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) [Image](https://sms4smile.com/quotes/i/ce7/neil-macdonald-5908_bankers_as-stupid-as-it-might-sound-older-people_2496265.jpg) ## Other authors on Central bank - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-ben-bernanke-16920.jpg) Ben Bernanke 18 quotes ](https://sms4smile.com/quotes/about/central-bank/ben-bernanke/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-milton-friedman-68333.jpg) Milton Friedman 11 quotes ](https://sms4smile.com/quotes/about/central-bank/milton-friedman/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b024/author-vladimir-putin-94037.jpg) Vladimir Putin 10 quotes ](https://sms4smile.com/quotes/about/central-bank/vladimir-putin/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b012/author-janet-yellen-47237.jpg) Janet Yellen 7 quotes ](https://sms4smile.com/quotes/about/central-bank/janet-yellen/) - [Elvira Nabiullina 6 quotes](https://sms4smile.com/quotes/about/central-bank/elvira-nabiullina/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-alan-greenspan-10313.jpg) Alan Greenspan 6 quotes ](https://sms4smile.com/quotes/about/central-bank/alan-greenspan/) - [Jerome Powell 5 quotes](https://sms4smile.com/quotes/about/central-bank/jerome-powell/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-george-soros-37989.jpg) George Soros 5 quotes ](https://sms4smile.com/quotes/about/central-bank/george-soros/) ## More by Neil Macdonald > [It's almost ironic sitting here watching stories about Norm's courageous 'battle' with cancer. He actually did a bit on stage about how stupid that…](https://sms4smile.com/quotes/neil-macdonald/it-s-almost-ironic-sitting-here-watching-stories-about-norm-s/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Elizabeth Warren fully intends to change the system, and says so. When she said how good it felt to be with working people in…](https://sms4smile.com/quotes/neil-macdonald/elizabeth-warren-fully-intends-to-change-the-system-and-says-so-when/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [In fact, American presidents never apologize for what America does in war, because in the American mind, all its wars are defensive, always fought…](https://sms4smile.com/quotes/neil-macdonald/in-fact-american-presidents-never-apologize-for-what-america-does-in/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Resist, however peacefully and even in your own home, and heaven help you, no matter what your skin color.](https://sms4smile.com/quotes/neil-macdonald/resist-however-peacefully-and-even-in-your-own-home-and-heaven-help/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [The fact is, no modern president, Democrat or Republican, has shown the level of contempt for taking questions from the media that Stephen Harper…](https://sms4smile.com/quotes/neil-macdonald/the-fact-is-no-modern-president-democrat-or-republican-has-shown-the/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Some economists seem to think that only a credentialed economist has the right to be utterly wrong about an issue of economics. Their contempt…](https://sms4smile.com/quotes/neil-macdonald/some-economists-seem-to-think-that-only-a-credentialed-economist-has/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Trump is the white evangelicals' version of V.I. Lenin's 'useful idiot,' a character who is helping achieve their apocalyptic fever dreams, but who will…](https://sms4smile.com/quotes/neil-macdonald/trump-is-the-white-evangelicals-version-of-v-i-lenin-s-useful-idiot-a/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [France has long been regarded as the most adept at stealing trade secrets.](https://sms4smile.com/quotes/neil-macdonald/france-has-long-been-regarded-as-the-most-adept-at-stealing-trade/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [White nationalism is about keeping power white. Yes, yes, there are minority groups represented among Justin Trudeau's ministers, but they were all given jobs…](https://sms4smile.com/quotes/neil-macdonald/white-nationalism-is-about-keeping-power-white-yes-yes-there-are/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [I am delighted to see the government spending more money to improve Indigenous life, and I would be happy to see even more spent.](https://sms4smile.com/quotes/neil-macdonald/i-am-delighted-to-see-the-government-spending-more-money-to-improve/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Canada needs to be flood-proofed, and somebody has to pay for it. Yes, there are other threats, too - fire, hail, wind, snow load,…](https://sms4smile.com/quotes/neil-macdonald/canada-needs-to-be-flood-proofed-and-somebody-has-to-pay-for-it-yes/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Canada has treated abortion as just another medical procedure since 1988, when the Supreme Court struck down the old criminal law. Most Canadians seem…](https://sms4smile.com/quotes/neil-macdonald/canada-has-treated-abortion-as-just-another-medical-procedure-since/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Quibbling over the definition of genocide does nothing but help obscure the long history of vicious racism and undeniable suffering of Indigenous people in…](https://sms4smile.com/quotes/neil-macdonald/quibbling-over-the-definition-of-genocide-does-nothing-but-help/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Maybe the Tea Party dream is coming true, and the next Republican presidential nominee will be a blunt-object, red-meat down-the-line rightie.](https://sms4smile.com/quotes/neil-macdonald/maybe-the-tea-party-dream-is-coming-true-and-the-next-republican/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [Quietly, without much public fuss or discussion, a new ruling class has risen in the richer nations. These men and women are unelected and…](https://sms4smile.com/quotes/neil-macdonald/quietly-without-much-public-fuss-or-discussion-a-new-ruling-class-has/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/central-bank/neil-macdonald/#itemlist", "name": "4 Central bank Quotes By Neil Macdonald", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Quietly, without much public fuss or discussion, a new ruling class has risen in the richer nations. These men and women are unelected and tend to shun the publicity hogged by the politicians with whom they co-exist. 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