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Central Banks Quotes by Paul Krugman
1 Central Banks quote by Paul Krugman
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Paul Krugman has 75 quotes on this site. A few more worth reading:
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Every once in a while I feel despair over the fate of the planet. If you've been following climate science, you know…
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We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels…
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However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is…
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The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.
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The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't…
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People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to…
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Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side…
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Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is…
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I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough…
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In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the…
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Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group…
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It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run…
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Popular Central Banks quotes from across the collection:
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Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or…
— Mary Kay Ash
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I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough…
— Paul Krugman
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The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to…
— Stephen S. Roach
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In a small Swiss city sits an international organization so obscure and secretive....Control of the institution, the Bank for International Settlements, lies…
— Unknown Author
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It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more…
— Paul Volcker
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We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading…
— Unknown Author
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The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private…
— Carroll Quigley
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Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have…
— Toshihiko Fukui
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When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government…
— James Rickards
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Insanity has infected all the central banks of the world.
— David Stockman
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It is clear to me that the financial sector, including CNBC, loves central banks
— Marc Faber
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Meyer [sic] Amschel Rothschild, who founded the great international banking house of Rothschild which, through its affiliation with the European Central Banks,…
— Mayer Amschel Rothschild
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