Any debate among politicians about monetary policy is counterproductive.
quote by Gerhard Schroder
Submitted by Lucian Velea
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Related quotes
I never had a policy about marriage. I got married very young in life and I always think in all relationships, I've always thought that it's counterproductive to have a theory on that.
quote by Jack Nicholson
Submitted by Veronica Serbanoiu
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The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.
quote by Timothy Geithner
Submitted by Lucian Velea
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What passes for real debate in Washington often seems more like an echo chamber, with politicians talking at politicians.
quote by Bill Delahunt
Submitted by Lucian Velea
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Monetary policy itself cannot sensibly be directed at reducing imbalances.
quote by Timothy Geithner
Submitted by Lucian Velea
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So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.
quote by Martin Feldstein
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European Central Bank
To Mario Draghi, president of ECB.
In Frankfurt am Main
Monetary policy
Of the eurozone
poem by Nicolas Grenier
Submitted by Poetry Lover
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The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.
quote by Henry Hazlitt
Submitted by Lucian Velea
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Domestic inflation reflects domestic monetary policy.
quote by Martin Feldstein
Submitted by Lucian Velea
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We made a decision that monetary policy will be made by an independent European Central Bank.
quote by Gerhard Schroder
Submitted by Lucian Velea
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That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
quote by Vaclav Klaus
Submitted by Lucian Velea
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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 inflationary pressure.
quote by William Vickrey
Submitted by Lucian Velea
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Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off.
quote by Franklin Raines
Submitted by Lucian Velea
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Who’s Following Who?
Why do many politicians deceive, those in the land who truly believe,
The Word, written long before, these men stood on the Senate floor?
God’s Word, written by men of Old, regarding what God has foretold,
About the things to be fulfilled, not how man but how God has willed.
How can we be blessed by God, as these men with a convincing nod,
Speak to people across this land, while they assert a Godless stand?
Making stands that have inferred, new ways opposed to God’s Word,
Moving from our firm foundation, as they weaken this beloved nation.
How can politicians stand so aloof, while distorting fundamental Truth,
Only to further their own policy, while dismissing The God of Eternity?
Their ways are not apparent to all, as Knowledge of God is truly small,
In the minds of much of this world; as the darker policies are unfurled.
How can these men be so arrogant; pursuing policy, they’re truly bent,
On treading underfoot all God’s ways, in their quest for men’s praise?
Self-willed politicians, filled with pride, they cast all God’s ways aside,
Basing reason on human deduction, they pave the way to Destruction.
Are these politicians, truly deceived, by the power they have received,
Or fully aware of a darker plan, that is hidden from the common man?
A plan that’s known by many of us, who in God have placed our trust,
But, it’s God’s Plan that will prevail, while man’s dark plans surely fail.
Is there no Godly fear in their heart, while from Truth they truly depart,
Making policy on their own accord, dismissing the ways of our Lord?
In these days who’s following who, as mere men govern me and you,
Do they not realize and understand, God still reigns over every land?
(Copyright ©06/2009)
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
quote by Toshihiko Fukui
Submitted by Lucian Velea
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If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
quote by Ben Bernanke
Submitted by Lucian Velea
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THE WAR ON DRUGS June 3rd,2011
The Global Commission on Drug Policy wants to change things around,
We have no alternative they seem to say, but to back down,
It sometimes seems as though we’ve lost the war on illegal drugs,
And instead of being arrested, the druggers should get shrugs.
The Commission wants to stop the war by reducing consumption,
If the people who do the drugs will go along with this presumption,
And if we legalize all drugs, it seems, things might be great,
But I don’t think Ottawa politicians are up for this debate.
This high profile Commission doesn’t want addicts treated as criminals,
Regardless of what drugs they do or what illegal chemicals,
They want the UN involved as though that would make a difference,
There’s probably no organization in the world more indifferent.
June 3rd 2011
poem by James Bredin
Submitted by Poetry Lover
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As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.
quote by Timothy Geithner
Submitted by Lucian Velea
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Canadians Should Vote Or Else Mar 2nd,2011
Canadians who don’t vote should get a fifty-dollar fine,
If their social insurance numbers do not show on a ballot line,
And this will show on their next year’s income tax return
Where the fifty-dollar addition might indeed show some concern.
Canadians should have binding referendums to control politicians,
Who seem to have their own hidden agendas and secret conditions,
Death with dignity should be a referendum question,
So those waiting around to die can at least get some suggestions.
Recall of useless politicians should be up for debate,
And passed into law to stop politicians who only skate,
Supreme Court, Parole Boards and Senate should be elected,
So that the present cozy relationship can be rejected.
Mar 2nd,2011
poem by James Bredin
Submitted by Poetry Lover
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Subjects That Are Taboo Mar 16th,2011
Has the “dying with dignity” debate reached the public yet?
Does it cause politicians to break out in a cold sweat?
Is it a religious thing or is it just not politically correct?
Should a long slow painful death be what we expect?
And why is the appointed Supreme Court allowed to decide?
Why not the politicians and parliament with lots of pride?
What do they talk about at these closed-door committee meetings?
If someone brought up death with dignity, are they subject to beatings?
Do our politicians think that they will never die?
And they will always be reelected and no one will ask why
Is assisted suicide on a list of things for them to do?
Or is it added to a long list of subjects that are taboo?
Mar 16th,2011
Mar 16th,2011
poem by James Bredin
Submitted by Poetry Lover
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Bush promised a foreign policy of humility and a domestic policy of compassion. He has given us a foreign policy of arrogance and a domestic policy that is cynical, myopic and cruel.