---
title: "4 William McChesney Martin Quotes - Famous Economist"
description: "chairman of the United States Federal Reserve Bank from 1951 to 1970... | William McChesney Martin Jr. was an American business executive who served as ..."
image: "https://sms4smile.com/quotes/i/1e0/william-mcchesney-martin-68855_bowls_the-federal-reserve-is-in-the-position-o_141356.jpg"
---

# William McChesney Martin

(1906–1998)   Economist

 **4** quotes in **31** categories

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William McChesney Martin was an economist.

## Quick Facts About William McChesney Martin

Born December 17, 1906

Died July 27, 1998

Profession Economist

## About William McChesney Martin

chairman of the United States Federal Reserve Bank from 1951 to 1970... \| William McChesney Martin Jr. was an American business executive who served as the 9th chairman of the Federal Reserve from 1951 to 1970, making him the longest holder of that position. He was nominated to the post by President Harry S. Truman and reappointed by four of his successors. Martin, who on

##  Quotes by William McChesney Martin

> [The Federal Reserve... is in the position of the chaperone who has ordered the punch bowl removed just when the party was…](https://sms4smile.com/quotes/william-mcchesney-martin/the-federal-reserve-is-in-the-position-of-the-chaperone-who-has/)

[William McChesney Martin](https://sms4smile.com/quotes/author/william-mcchesney-martin/)

[Bowls](https://sms4smile.com/quotes/about/bowls/)

[Image](https://sms4smile.com/quotes/i/1e0/william-mcchesney-martin-68855_bowls_the-federal-reserve-is-in-the-position-o_141356.jpg)

> [What's good for the United States is good for the New York Stock Exchange. But what's good for the New York Stock…](https://sms4smile.com/quotes/william-mcchesney-martin/what-s-good-for-the-united-states-is-good-for-the-new-york-stock/)

[William McChesney Martin](https://sms4smile.com/quotes/author/william-mcchesney-martin/)

[Be good](https://sms4smile.com/quotes/about/be-good/)

[Image](https://sms4smile.com/quotes/i/313/william-mcchesney-martin-68855_be-good_what-s-good-for-the-united-states-is-goo_1857964.jpg)

> [Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing.](https://sms4smile.com/quotes/william-mcchesney-martin/our-purpose-is-to-lean-against-the-winds-of-deflation-or-inflation/)

[William McChesney Martin](https://sms4smile.com/quotes/author/william-mcchesney-martin/)

[Customer](https://sms4smile.com/quotes/about/customer/)

[Image](https://sms4smile.com/quotes/i/b5d/william-mcchesney-martin-68855_deflation_our-purpose-is-to-lean-against-the-winds_1888197.jpg)

> [Too many of our prejudices are like pyramids upside down. They rest on tiny, trivial incidents, but they spread upward and outward…](https://sms4smile.com/quotes/william-mcchesney-martin/too-many-of-our-prejudices-are-like-pyramids-upside-down-they-rest-on/)

[William McChesney Martin](https://sms4smile.com/quotes/author/william-mcchesney-martin/)

[Incidents](https://sms4smile.com/quotes/about/incidents/)

[Image](https://sms4smile.com/quotes/i/c8f/william-mcchesney-martin-68855_incidents_too-many-of-our-prejudices-are-like-pyra_2949522.jpg)

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