Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of… — Amity Shlaes Copy Share Image
It's a challenge for monetary policy to communicate that our inflation objective is 2 percent. — Charles L. Evans Copy Share Image
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro… — Vaclav Klaus Copy Share Image
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed. — Paul Krugman Copy Share Image
The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and… — William Vickrey Copy Share Image
The excellence of metallic money in free circulation consists in the fact that it renders impossible the abuse of the power of… — Faustino Ballve Copy Share Image
Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more… — Friedrich August von Hayek Copy Share Image
I'm not trying to be diplomatic. I'm trying to be more nuanced and realistic. I think there has to be a serious… — Stephen Harper Copy Share Image
Quantitative easing is just the latest chapter in the Federal Reserve’s hundred-year history of failure. (...) The American people have suffered long… — Ron Paul Copy Share Image
Ever since its founding in 1913, the Fed has described itself as an "independent" agency operated by selfless public servants striving to… — Thomas DiLorenzo Copy Share Image
The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of… — Ben Bernanke Copy Share Image
If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher… — Milton Friedman Copy Share Image
The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of… — Hu Jintao Copy Share Image
It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to… — Paul Singer Copy Share Image
Any debate among politicians about monetary policy is counterproductive. — Gerhard Schroder Copy Share Image
“For the same reason a disease cannot be cured by more of the germ that caused it, the inflation and debt accumulation… — Ron Paul Copy Share Image
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where… — Ben Bernanke Copy Share Image
We're bankrupting our country and we have an empire that we're trying to defend which costs us $1 trillion a year. And… — Ron Paul Copy Share Image
Monetary policy suffers from the unfortunate absence of any occult effect. It has long been clear that economic management...would be greatly facilitated… — John Kenneth Galbraith Copy Share Image
The theory of economic shock therapy relies in part on the roleof expectations on feeding an inflationary process. Reining in inflation requires… — Naomi Klein Copy Share Image
Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange… — Ha-Joon Chang Copy Share Image
The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than… — Milton Friedman Copy Share Image
The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get… — Mohamed El-Erian Copy Share Image
