Cost Quote by William Vickrey

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

“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

It's very difficult for the middle class in America to keep up because of the inflationary pressure and the devaluation of the dollar.

— Steve Wynn

I think what the American people are going to see down the road is significant inflationary pressure as a result of all this government…

— Bob Barr

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long…

— Raghuram Rajan

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest…

— Toshihiko Fukui

The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for…

— Mohamed El-Erian

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

Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…

— Janet Yellen

“The Fed is still on the same track.” Whatever you call it, the benign economic environment has supported a bull market since 2009, and…

— Anonymous

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

— 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…

— Vaclav Klaus