Advice Quote by Friedrich August von Hayek

Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control…

— Friedrich August von Hayek

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal…

— 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.…

— Hu Jintao

I don't want Congress setting monetary policy.

— 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…

— 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…

— 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…

— Thomas DiLorenzo

Quantitative easing is just the latest chapter in the Federal Reserve’s hundred-year history of failure. (...) The American people have suffered long enough under…

— Ron Paul

I'm not trying to be diplomatic. I'm trying to be more nuanced and realistic. I think there has to be a serious examination of…

— Stephen Harper

The excellence of metallic money in free circulation consists in the fact that it renders impossible the abuse of the power of the government…

— 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…

— William Vickrey

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

— Paul Krugman