--- title: "Meaning & Key Takeaway of: The Fed's job is not to stall growth or…" description: "\"The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.\" ..." image: "https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg" --- # The Fed's job is not to stall growth or to prevent… ![“The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.” quote by Stephen Moore](https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg) [Download](https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg) [Open image](https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg) > “The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.” [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The Federal Reserve's primary goal is price stability and a strong dollar, not to halt economic growth or prevent overheating. **In simple terms:** Fed aims for stable prices and strong currency Key Takeaway Focus on price stability over growth control Themes economics policy inflation Mood analytical concerned Type economic policy When to use this quote - business planning - investment decisions - budgeting Key Concepts monetary policy price stability currency strength Questions to Reflect On - How should policymakers balance price stability and growth? - What are risks of over‑emphasizing currency strength? A Different Perspective Policy may conflict with short‑term growth goals ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Growth](https://sms4smile.com/quotes/about/growth/) [Job](https://sms4smile.com/quotes/about/job/) ## Related quotes > [I don't want to see the dollar strong because the rest of the world is crumbling. I would like to see the dollar strong…](https://sms4smile.com/quotes/david-malpass/i-don-t-want-to-see-the-dollar-strong-because-the-rest-of-the-world/) [David Malpass](https://sms4smile.com/quotes/author/david-malpass/) > [Only in 1999 and 1984 have we seen a persistently strong dollar and strong risk appetite harmoniously co-exist.](https://sms4smile.com/quotes/anthony-scaramucci/only-in-1999-and-1984-have-we-seen-a-persistently-strong-dollar-and/) [Anthony Scaramucci](https://sms4smile.com/quotes/author/anthony-scaramucci/) > [I'm a strong-and-stable-dollar advocate, and the Fed has been moving dangerously away from that mission.](https://sms4smile.com/quotes/kevin-brady/i-m-a-strong-and-stable-dollar-advocate-and-the-fed-has-been-moving/) [Kevin Brady](https://sms4smile.com/quotes/author/kevin-brady/) > [Government can only spend a dollar to help someone when it forcibly takes a dollar from someone else.](https://sms4smile.com/quotes/stephen-moore/government-can-only-spend-a-dollar-to-help-someone-when-it-forcibly/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.](https://sms4smile.com/quotes/stephen-moore/every-dollar-a-foreigner-spends-over-here-directly-subtracts-a-dollar/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Every dollar the government doesn't spend, tax, or borrow is a dollar that businesses and families can spend or invest themselves.](https://sms4smile.com/quotes/stephen-moore/every-dollar-the-government-doesn-t-spend-tax-or-borrow-is-a-dollar/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Again, a franchise to me doesn't have to be a billion dollar title.](https://sms4smile.com/quotes/david-fincher/again-a-franchise-to-me-doesn-t-have-to-be-a-billion-dollar-title/) [David Fincher](https://sms4smile.com/quotes/author/david-fincher/) > [Tinseltown really likes to think that they have a handle on all things 'love.' After all, they've turned it into a billion dollar industry…](https://sms4smile.com/quotes/steven-crowder/tinseltown-really-likes-to-think-that-they-have-a-handle-on-all/) [Steven Crowder](https://sms4smile.com/quotes/author/steven-crowder/) > [America is the country where you can buy a lifetime supply of aspirin For one dollar and use it up in two weeks.](https://sms4smile.com/quotes/john-barrymore/america-is-the-country-where-you-can-buy-a-lifetime-supply-of-aspirin/) [John Barrymore](https://sms4smile.com/quotes/author/john-barrymore/) > [The more competitive value of the dollar turned around the trade deficit.](https://sms4smile.com/quotes/martin-feldstein/the-more-competitive-value-of-the-dollar-turned-around-the-trade/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [If I had a dollar for every time you've fucked me over, I'd move far, far away from you, and never see you again.](https://sms4smile.com/quotes/jesse-reitz/if-i-had-a-dollar-for-every-time-you-ve-fucked-me-over-i-d-move-far/) Jesse Reitz > [Single as a dollar and not looking for change.](https://sms4smile.com/quotes/anonymous/single-as-a-dollar-and-not-looking-for-change/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [It's a great story for us whenever an entrepreneur makes a crazy amount of money and we get to tell the world about it.…](https://sms4smile.com/quotes/sarah-lacy/it-s-a-great-story-for-us-whenever-an-entrepreneur-makes-a-crazy/) [Sarah Lacy](https://sms4smile.com/quotes/author/sarah-lacy/) > [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [I love being in Malibu. It's so cool there, and the water is just, it's nice and, and I love the beach. And I…](https://sms4smile.com/quotes/jackie-evancho/i-love-being-in-malibu-it-s-so-cool-there-and-the-water-is-just-it-s/) [Jackie Evancho](https://sms4smile.com/quotes/author/jackie-evancho/) ## More by Stephen Moore > [It turns out the businessman knows more about how the economy really works than the chattering class. What a shock.](https://sms4smile.com/quotes/stephen-moore/it-turns-out-the-businessman-knows-more-about-how-the-economy-really/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [If the goal of the Trump tax cut is to make America look more like tax-cutting North Carolina and less like soak-the-rich Connecticut and…](https://sms4smile.com/quotes/stephen-moore/if-the-goal-of-the-trump-tax-cut-is-to-make-america-look-more-like/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [The countries in the Paris climate accord have broken almost every promise they've made, and the nation (the U.S.) that hasn't signed the treaty…](https://sms4smile.com/quotes/stephen-moore/the-countries-in-the-paris-climate-accord-have-broken-almost-every/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds…](https://sms4smile.com/quotes/stephen-moore/many-small-business-owners-want-to-pass-their-family-legacy-on-to/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [One of Trump's reforms is to limit the time that workers can use on the job at taxpayer expense working on union activities. What…](https://sms4smile.com/quotes/stephen-moore/one-of-trump-s-reforms-is-to-limit-the-time-that-workers-can-use-on/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Whenever there is an international crisis - an earthquake, a flood, a war - Americans provide more assistance than the people of any other…](https://sms4smile.com/quotes/stephen-moore/whenever-there-is-an-international-crisis-an-earthquake-a-flood-a-war/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [If the Left really wants to preserve family structure and advance cultural values such as work, why do they oppose reforms to a welfare…](https://sms4smile.com/quotes/stephen-moore/if-the-left-really-wants-to-preserve-family-structure-and-advance/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [The truth is Mr. Trump could simply sit in the Oval Office for four years like a potted plant, and that would be a…](https://sms4smile.com/quotes/stephen-moore/the-truth-is-mr-trump-could-simply-sit-in-the-oval-office-for-four/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [One of President Reagan's first and wisest initiatives was to effectively shutdown the anti-trust division of the Justice Department.](https://sms4smile.com/quotes/stephen-moore/one-of-president-reagan-s-first-and-wisest-initiatives-was-to/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Stacks of job-killing Executive Orders and regulations from the Obama era need to be repealed or rolled back. At the top of the stack…](https://sms4smile.com/quotes/stephen-moore/stacks-of-job-killing-executive-orders-and-regulations-from-the-obama/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [The single best time to invest is at a young age because the dollar in the market today will likely be worth 10 to…](https://sms4smile.com/quotes/stephen-moore/the-single-best-time-to-invest-is-at-a-young-age-because-the-dollar/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [The big problem for atomic energy is that it can't compete on price with the new age of cheap shale gas and, to a…](https://sms4smile.com/quotes/stephen-moore/the-big-problem-for-atomic-energy-is-that-it-can-t-compete-on-price/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [The elimination of deductibility of state and local taxes will also encourage more privatization of municipal services.](https://sms4smile.com/quotes/stephen-moore/the-elimination-of-deductibility-of-state-and-local-taxes-will-also/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Donald Trump is producing the kind of shoot-the-moon economic recovery that we last saw under Ronald Reagan in the 1980s. He's copied a lot…](https://sms4smile.com/quotes/stephen-moore/donald-trump-is-producing-the-kind-of-shoot-the-moon-economic/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [My father built a small business from scratch with years and years of sweat equity and many, many weeks away from home. He employed…](https://sms4smile.com/quotes/stephen-moore/my-father-built-a-small-business-from-scratch-with-years-and-years-of/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) [Explore all 103 Stephen Moore quotes ](https://sms4smile.com/quotes/author/stephen-moore/) ## More Customer quotes > [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/) [Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/) > [The purpose of this book is to supply, in the form suitable for laymen, guidance in the adoption and execution of an investment policy.](https://sms4smile.com/quotes/benjamin-graham/the-purpose-of-this-book-is-to-supply-in-the-form-suitable-for-laymen/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Don't think OF the market. Think AS the market.](https://sms4smile.com/quotes/michael-fishman/don-t-think-of-the-market-think-as-the-market/) Michael Fishman > [If Wall Street crashes, does Main Street follow? Not necessarily.](https://sms4smile.com/quotes/ben-bernanke/if-wall-street-crashes-does-main-street-follow-not-necessarily/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [The exact details of how you practice value investing will vary investor to investor, but the fundamental principle of scouring the world, looking for…](https://sms4smile.com/quotes/whitney-tilson/the-exact-details-of-how-you-practice-value-investing-will-vary/) [Whitney Tilson](https://sms4smile.com/quotes/author/whitney-tilson/) > [The best way to hold customers is to constantly figure out how to give them more for less.](https://sms4smile.com/quotes/philip-kotler/the-best-way-to-hold-customers-is-to-constantly-figure-out-how-to/) [Philip Kotler](https://sms4smile.com/quotes/author/philip-kotler/) > [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/) [Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/) > [I believe confusion is good. Worldwide market leaders gain when there is confusion in the market.](https://sms4smile.com/quotes/subhash-chandra/i-believe-confusion-is-good-worldwide-market-leaders-gain-when-there/) [Subhash Chandra](https://sms4smile.com/quotes/author/subhash-chandra/) > [Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.](https://sms4smile.com/quotes/bill-gross/damn-inflation-full-speed-ahead-greenspan-has-said-in-both-action-and/) [Bill Gross](https://sms4smile.com/quotes/author/bill-gross/) > [“When companies get big, they devote most of their care and feeding to the business that got them big. This is as it should…](https://sms4smile.com/quotes/eric-schmidt/when-companies-get-big-they-devote-most-of-their-care-and-feeding-to/) [Eric Schmidt](https://sms4smile.com/quotes/author/eric-schmidt/) > [“Salesmanship is usually the art of making it the prospect’s problem, the salesperson’s need or desire to earn money.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/salesmanship-is-usually-the-art-of-making-it-the-prospect-s-problem/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) [Browse all 9,257 Customer quotes ](https://sms4smile.com/quotes/about/customer/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.", "creator": { "@type": "Person", "name": "Stephen Moore" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/stephen-moore/the-fed-s-job-is-not-to-stall-growth-or-to-prevent-economic/", "about": { "@type": "Thing", "name": "Customer" }, "@id": "https://sms4smile.com/quotes/stephen-moore/the-fed-s-job-is-not-to-stall-growth-or-to-prevent-economic/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg", "contentUrl": "https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg", "url": "https://sms4smile.com/quotes/i/13d/stephen-moore-5060_dollar_the-fed-s-job-is-not-to-stall-growth-or_1456302.jpg", "width": 1080, "height": 1080, "caption": "“The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and…” — Stephen Moore", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Stephen Moore", "item": "https://sms4smile.com/quotes/author/stephen-moore/" }, { "@type": "ListItem", "position": 4, "name": "The Fed's job is not to...", "item": "https://sms4smile.com/quotes/stephen-moore/the-fed-s-job-is-not-to-stall-growth-or-to-prevent-economic/" } ], "@id": "https://sms4smile.com/quotes/stephen-moore/the-fed-s-job-is-not-to-stall-growth-or-to-prevent-economic/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```