Borrowing Quote by Mark Thornton

“While Krugman thus ignored the role of the Fed’s inflationary monetary policy, Ron Paul had explained that when interest rates are high, it encourages…

— Jeremy Hammond

By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing…

— Janet Yellen

The Fed's ability to raise and lower short-term interest rates is its primary control over the economy.

— Alex Berenson

Anything that we can do to raise personal savings is very much in the interest of this country.

— Alan Greenspan

The government doesn't save enough, it borrows too much and it doesn't invest enough in the next generation. It's like what parents are trying…

— Maya MacGuineas

Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That…

— Evan Davis

The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value…

— David Stockman

Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own…

— John W. Snow

“The Fed is responsible for the financial markets. Financial markets hate inflation. Particularly bond markets. If the inflation rises, the Fed has to answer…

— Dean Baker

It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic…

— Jerry A. Webman

“Thus, increases in interest rates matter greatly for the economy as a whole. They not only cause direct reductions in investment spending and interest-sensitive…

— McConnell Campbell

The Fed cannot reduce inequality on its own; far from it. This requires a concerted effort by the government, broadly speaking, to support a…

— Gerald Epstein