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Reserve Quotes

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The Federal Reserve, the Treasury, all the regulator agencies - if there’s a problem of the financial mechanism in society, the only one to fix it is government. They’ve got a legitimate role.  (Reserve Quotes) Our focus is on ensuring America has the strongest economy in the world for the next 100 years and to do that, we need to get to the role of the Federal Reserve and we need to get it right.  (Reserve Quotes) Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.  (Reserve Quotes) If somebody had said to me in June or July of 1987, ‘We’d like you to become chairman of the Federal Reserve, but you’re never allowed to discuss any economics after you leave,’ I’d have said, ‘Forget it.’ What do they want me to do? Become an anthropologist?’  (Reserve Quotes) It’s absolutely critical that we audit the Fed so the American people can see what’s going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I’ve introduced, and get rid of the Fed.  (Reserve Quotes) I know this, the Federal Reserve is private and the I.R.S. is screwing us.  (Reserve Quotes) I know the Federal Reserve Bank can continue to print more and more money... but city and state governments cannot.  (Reserve Quotes) Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006.  (Reserve Quotes) The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary.  (Reserve Quotes) Even when [Federal Reserve Chairman Ben] Bernanke said the recession was over ... you think that would have been a bigger boom somewhere, but it seems we just take everything in stride.  (Reserve Quotes) The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.  (Reserve Quotes) The Fed’s policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.  (Reserve Quotes) The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will ...  (Reserve Quotes) Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the hyper-inflation cat will be completely out of the bag.  (Reserve Quotes) There are a number of institutions globally where the Federal Reserve typically leads the U.S. effort to work with financial regulators from other countries, and we try to, to the extent possible, establish international standards for how - the amount of capital a bank should hold, for example, or how much.  (Reserve Quotes) Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it’s clear that the Federal Reserve has a significant stake in financial education.  (Reserve Quotes) I am specifically concerned about the idea that the legislative process is one that gets characterized the way it is as the ‘fiscal cliff.’ At the end of the day, the United States is the biggest economy in the world, and the dollar is the reserve currency in the world. I think it behooves us to act in a much more responsible way.  (Reserve Quotes) [I]t is more than slightly ironic that Democrats, the fiercely pro-choice party, reserve free choice for aborting a fetus, while denying it for such matters as choosing your child’s school or joining a union.  (Reserve Quotes) New Golden Rule of Fractional Reserve Banking: He who creates the fool’s gold controls the fools.  (Reserve Quotes) Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.  (Reserve Quotes) Caution is crediting, and reserve in speaking, and in revealing one’s self to but very few, are the best securities both of a good understanding with the world, and of the inward peace of our own minds.  (Reserve Quotes) I reserve the right to tell shaggy dog stories or even common jokes as part of what I’m doing. I don’t give a damn if half the audience walks out.  (Reserve Quotes) I’m still shy - I’m no good at my children’s parent-teacher conferences, and I’m slowly learning how to ask for what I want. But I now know that I have a reserve of courage to draw upon when I really need it. There’s nothing that I’m too scared to have a go at.  (Reserve Quotes) Never believe for a second that your weak, within all of us we have a reserve of inner hidden strength,  (Reserve Quotes)
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