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
Vote! | Copy!
Related quotes
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
Vote! | Copy!
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
Vote! | Copy!
When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward.
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.
quote by Franklin Raines
Submitted by Lucian Velea
Vote! | Copy!
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
Vote! | Copy!
The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well.
If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.
quote by Jeffrey Sachs
Submitted by Lucian Velea
Vote! | Copy!
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
Vote! | Copy!
I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.
quote by David Cameron
Submitted by Lucian Velea
Vote! | Copy!
Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.
quote by Kenneth Lay
Submitted by Lucian Velea
Vote! | Copy!
Any debate among politicians about monetary policy is counterproductive.
quote by Gerhard Schroder
Submitted by Lucian Velea
Vote! | Copy!
As costs mount, in lives and dollars, it is natural to second guess, but one lesson I hope we have learned is that the U.S. cannot go it alone in a policy that leaves American troops taking all the risk and American taxpayers paying all of the costs.
quote by John Spratt
Submitted by Lucian Velea
Vote! | Copy!
The high price of health care in this country is a serious issue that demands serious attention. Putting limits on damages have little or no effect on skyrocketing malpractice insurance rates.
quote by Mary Landrieu
Submitted by Lucian Velea
Vote! | Copy!
Monetary policy itself cannot sensibly be directed at reducing imbalances.
quote by Timothy Geithner
Submitted by Lucian Velea
Vote! | Copy!
Pressure
Pressure pressure I got pressure, oh yeah, oh yeah, oh yeah
Pressure pressure I got pressure, oh yeah
I dont really want to give it to you
cos its really contagious
You can pick it up anywhere
And it can be quite dangerous
You can spread it mouth to mouth
You can even get it when youre alone
But I can always live with it
Whenever I am close to you
Pressure pressure I got pressure, oh yeah, oh yeah, oh yeah
Pressure pressure I got pressure
I get it driving in my motor car
I get it when Im drinking in a bar
I get it riding on the subway
I get it regular every day
And anyone who never had it yet
And doesnt know what Im going through
But I forget the pressure
When I am close to you
Altogether now-oh yeah, oh yeah, oh yeah
Oh yeah, oh yeah, oh yeah
Pressure pressure I got pressure oh yeah. oh yeah. oh yeah
Pressure pressure feel the pressure
You got the pressure and thats a fact
I can tell by the way you act
And I can tell that youre pressurised
By the look thats in your eyes
I know the pressure cos Ive got it too
So I know what youre going through
But I forget the pressure
Whenever I am close to you
song performed by by Kinks
Submitted by Lucian Velea
Vote! | Copy!
Do we exert our own liberties without injury to others - we exert them justly; do we exert them at the expense of others - unjustly. And, in thus doing, we step from the sure platform of liberty upon the uncertain threshold of tyranny.
quote by Frances Wright
Submitted by Lucian Velea
Vote! | Copy!
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
Submitted by Lucian Velea
Vote! | Copy!
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
Vote! | Copy!
Pressure Point
I can't get this pressure point out of my head
I can't get this pressure point out of my head
I feel it in work, you know, I feel it in bed
I can't get this pressure point out of my head
I've paid all my bills and I've acted so well
Ain't been cheating, there's nothing to tell
So why all this pressure, I dont understand
I call on my neighbours, and lend them a hand
Doctor, oh doctor, I'm willing to learn
Well all of my bones, well they toss and they turn
Mother, oh mother, I'm begging you please
To rid me of madness and cure this disease
... (?) told you what I have become
With all of this pressure, my mind's on a run
... (?) changing, let's hope for the best
Maybe it's something to get off my chest
Doctor, oh doctor, I'm begging you please
To rid me of madness and cure this disease
Mother, oh mother, I'm willing to learn
Well all of my bones, well they toss and they turn
Pressure pressure pressure pressure...
Pressure pressure pressure pressure...
Pressure pressure pressure pressure...
Pressure pressure pressure pressure...
I can't get this pressure point out of my head
I can't get this pressure point out of my head
I feel it in work, you know, I feel it in bed
I can't get this pressure point out of my head
Pressure pressure pressure pressure...
Pressure pressure pressure pressure...
Pressure pressure pressure pressure...
Pressure pressure pressure pressure...
song performed by by Zutons
Submitted by Lucian Velea
Vote! | Copy!
The World Hurricane
The word hurricane is the name given to natures strongest storm.
A hurricane occurs when high pressure and low pressure masses of air come in contact with one another.
There is often a significant difference in temperature between the two masses.
One mass is warm, while the other is cold.
The warmer air rises, and the cooler air falls.
Likewise, the low pressure area slides down the sides of the high pressure area.
They swirl in and around one another, creating the beginnings of the storm.
song performed by by Air
Submitted by Lucian Velea
Vote! | Copy!