Opinions of The Federal Reserve
The Federal Reserve is lauded by some economists, while being the target of scathing criticism by other economists, legislators, and sometimes members of the general public. The current Chairman of the Federal Reserve Board, Ben Bernanke, is one of the leading academic critics of the Federal Reserve's policies during the Great Depression.
Read more about this topic: Monetary Policy Of The United States
Famous quotes containing the words opinions of, opinions, federal and/or reserve:
“As for Clothing, to come at once to the practical part of the question, perhaps we are led oftener by the love of novelty and a regard for the opinions of men, in procuring it, than by a true utility.”
—Henry David Thoreau (18171862)
“I set out as a sort of self-dependent politician. My opinions were my own. I dashed at all prejudices. I scorned to follow anybody in matter of opinion.... All were, therefore, offended at my presumption, as they deemed it.”
—William Cobbett (17621835)
“If the federal government had been around when the Creator was putting His hand to this state, Indiana wouldnt be here. Itd still be waiting for an environmental impact statement.”
—Ronald Reagan (b. 1911)
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (19081944)