20th century Quote by Alex Berenson

The role of monetary policy is to smooth out business cycles by promoting steady inflation and healthy labor markets, but modern central bankers have…

— Anthony Scaramucci

The higher interest and higher inflation is a vicious cycle.

— Arundhati Bhattacharya

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.

— Murray Rothbard

The term 'business cycle' is imprecise. Economic fluctuations affect everyone, not just businesses, and they are, unlike astral cycles, anything but regular.

— Kevin Hassett

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 recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle…

— Alan Greenspan

“However, after several false starts and with the lessons of history fading, America, too, would finally create a permanent central bank, in 1914. For…

— Mark David Ledbetter

Britain was set to repeat the boom-bust cycle that led to 15 per cent. interest rates for one whole year in the early 1990s.

— Gordon Brown

It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not…

— Paul Volcker

There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much…

— Wright Patman

Moreover, for decades we have been prone to far greater swings in the economic cycle than our continental counterparts. It has been boom and…

— Tony Blair

Business cycles in emerging markets behave differently from developed markets.

— Gita Gopinath