Crisis Quote by Stephen A. Schwarzman

The Fed contributed to the financial crisis, keeping interest rates too low for too long. I give them credit for responding and stabilizing the…

— Kevin Brady

During the Greenspan-Bernanke era, the Fed has embraced the view that stability in the economy and stability in prices are mutually consistent. As long…

— Steve Hanke

The Fed has been acting in rare concert with central banks worldwide to encourage borrowing and spending - and risk. And because all the…

— Neil Macdonald

The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether.…

— Llewellyn Rockwell

The Fed should not be responding to the ups and downs of the markets, and it is certainly not our policy to do so.…

— Janet Yellen

Critics, often for good reason, are concerned that the Fed is wielding its vast powers in the interests of the banks and not in…

— Gerald Epstein

The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources…

— Ben Bernanke

As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and support credit…

— Ben Bernanke

Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis.

— Hans F. Sennholz

The Fed cannot save us from ourselves.

— Anthony Scaramucci

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and…

— Arthur Laffer

I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money…

— Jeremy Grantham