Back Quote by Arthur Laffer

“And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.” quote by Arthur Laffer — Download Open image

“And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.”

Arthur Laffer

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Back Bank Bonds Bring Down Fed Lending Levels Liability Required Reserve Reserves Restraint Sell

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You want to prove that Milton Friedman is a fascist? It's easy. Quote him.

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The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government…

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The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over this period.

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It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be…

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The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

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People can also change the timing of when they earn and receive their income in response to government policies.

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It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.

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Sound money is the sine qua non of a prosperous society.

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I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should…

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And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

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