--- title: "Meaning & Key Takeaway of: Well, I think as long as people are…" description: "\"Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better ..." image: "https://sms4smile.com/quotes/i/15d/franklin-raines-28925_better-way_well-i-think-as-long-as-people-are-talki_2466059.jpg" --- # Well, I think as long as people are talking about… ![“Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off.” quote by Franklin Raines](https://sms4smile.com/quotes/i/15d/franklin-raines-28925_better-way_well-i-think-as-long-as-people-are-talki_2466059.jpg) [Download](https://sms4smile.com/quotes/i/15d/franklin-raines-28925_better-way_well-i-think-as-long-as-people-are-talki_2466059.jpg) [Open image](https://sms4smile.com/quotes/i/15d/franklin-raines-28925_better-way_well-i-think-as-long-as-people-are-talki_2466059.jpg) > “Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off.” [Franklin Raines](https://sms4smile.com/quotes/author/franklin-raines/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Monetary policy can be toggled like a stimulus switch. **In simple terms:** Fed can adjust rates like a switch. Key Takeaway Use monetary tools wisely. Themes monetaryPolicy stimulus rates Mood analytical cautious Type economic policy When to use this quote - Recession response - inflation control - central bank meetings - financial planning Key Concepts Economics PolicyImplementation Questions to Reflect On - When should fiscal policy complement monetary moves? - What are limits of rate adjustments? A Different Perspective Overreliance on rate cuts may ignore structural issues. ★ ★ ★ ★ ★ No ratings yet [Better way](https://sms4smile.com/quotes/about/better-way/) [Customer](https://sms4smile.com/quotes/about/customer/) [Cutting](https://sms4smile.com/quotes/about/cutting/) [Cutting Rates](https://sms4smile.com/quotes/about/cutting-rates-710249/) [Fed Thinking](https://sms4smile.com/quotes/about/fed-thinking-710246/) [Feds](https://sms4smile.com/quotes/about/feds/) [Long](https://sms4smile.com/quotes/about/long/) [Monetary](https://sms4smile.com/quotes/about/monetary/) [Monetary policy](https://sms4smile.com/quotes/about/monetary-policy/) [People](https://sms4smile.com/quotes/about/people/) [Policy](https://sms4smile.com/quotes/about/policy/) [Rate](https://sms4smile.com/quotes/about/rate/) [Stimulus](https://sms4smile.com/quotes/about/stimulus/) [Stimulus Think](https://sms4smile.com/quotes/about/stimulus-think-710248/) [Talking](https://sms4smile.com/quotes/about/talking/) [Think Fed](https://sms4smile.com/quotes/about/think-fed-710247/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Turns](https://sms4smile.com/quotes/about/turns/) [Way](https://sms4smile.com/quotes/about/way/) [Wells](https://sms4smile.com/quotes/about/wells/) ## Related quotes > [Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal…](https://sms4smile.com/quotes/amity-shlaes/europe-unified-its-monetary-policy-through-the-euro-before-it-unified/) [Amity Shlaes](https://sms4smile.com/quotes/author/amity-shlaes/) > [The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S.…](https://sms4smile.com/quotes/hu-jintao/the-monetary-policy-of-the-united-states-has-a-major-impact-on-global/) [Hu Jintao](https://sms4smile.com/quotes/author/hu-jintao/) > [I don't want Congress setting monetary policy.](https://sms4smile.com/quotes/richard-shelby/i-don-t-want-congress-setting-monetary-policy/) [Richard Shelby](https://sms4smile.com/quotes/author/richard-shelby/) > [If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and…](https://sms4smile.com/quotes/milton-friedman/if-you-continue-to-use-monetary-policy-to-attempt-to-promote-full/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary…](https://sms4smile.com/quotes/ben-bernanke/the-risk-exists-that-with-aggregate-demand-exhibiting-considerable/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [Ever since its founding in 1913, the Fed has described itself as an "independent" agency operated by selfless public servants striving to "fine-tune" the…](https://sms4smile.com/quotes/thomas-dilorenzo/ever-since-its-founding-in-1913-the-fed-has-described-itself-as-an/) [Thomas DiLorenzo](https://sms4smile.com/quotes/author/thomas-dilorenzo/) > [Quantitative easing is just the latest chapter in the Federal Reserve’s hundred-year history of failure. 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I think there has to be a serious examination of…](https://sms4smile.com/quotes/stephen-harper/i-m-not-trying-to-be-diplomatic-i-m-trying-to-be-more-nuanced-and/) [Stephen Harper](https://sms4smile.com/quotes/author/stephen-harper/) > [Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control…](https://sms4smile.com/quotes/friedrich-august-von-hayek/inflation-is-probably-the-most-important-single-factor-in-that/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [The excellence of metallic money in free circulation consists in the fact that it renders impossible the abuse of the power of the government…](https://sms4smile.com/quotes/faustino-ballve/the-excellence-of-metallic-money-in-free-circulation-consists-in-the/) [Faustino Ballve](https://sms4smile.com/quotes/author/faustino-ballve/) > [The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert…](https://sms4smile.com/quotes/william-vickrey/the-supply-side-effect-of-a-restrictive-monetary-policy-is-likely-to/) [William Vickrey](https://sms4smile.com/quotes/author/william-vickrey/) > [I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.](https://sms4smile.com/quotes/paul-krugman/i-ve-always-believed-in-expansionary-monetary-policy-and-if-necessary/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we…](https://sms4smile.com/quotes/vaclav-klaus/that-means-following-a-very-restrictive-fiscal-and-monetary-policy/) [Vaclav Klaus](https://sms4smile.com/quotes/author/vaclav-klaus/) > [Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.](https://sms4smile.com/quotes/urjit-patel/monetary-policy-transmission-encompasses-the-whole-continuum-of/) [Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/) > [It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their…](https://sms4smile.com/quotes/paul-singer/it-s-true-that-monetary-policy-was-too-lax-for-too-long-and-the/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) ## More by Franklin Raines > [And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then…](https://sms4smile.com/quotes/franklin-raines/and-so-we-have-to-be-careful-with-looking-at-additional-stimulus-that/) [Franklin Raines](https://sms4smile.com/quotes/author/franklin-raines/) > [And so the danger for the housing industry is if we see interest rates rise.](https://sms4smile.com/quotes/franklin-raines/and-so-the-danger-for-the-housing-industry-is-if-we-see-interest/) [Franklin Raines](https://sms4smile.com/quotes/author/franklin-raines/) > [Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into…](https://sms4smile.com/quotes/franklin-raines/right-now-the-long-term-investors-are-telling-us-that-they-re-not-as/) [Franklin Raines](https://sms4smile.com/quotes/author/franklin-raines/) > [Well, there are about 10 million children that aren't covered by health insurance. 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So if the average investor believes…](https://sms4smile.com/quotes/franklin-raines/they-flooded-liquidity-in-the-marketplace-but-the-mortgage-rate-is/) [Franklin Raines](https://sms4smile.com/quotes/author/franklin-raines/) > [That is - the reason for that is that home prices are only going to go up. 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