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:
“Most advice on child-rearing is sought in the hope that it will confirm our prior convictions. If the parent had wished to proceed in a certain way but was made insecure by opposing opinions of neighbors, friends, or relatives, then it gives him great comfort to find his ideas seconded by an expert.”
—Bruno Bettelheim (20th century)
“There can be no two opinions as to what a highbrow is. He is the man or woman of thoroughbred intelligence who rides his mind at a gallop across country in pursuit of an idea.”
—Virginia Woolf (1882–1941)
“Daniel as a lad bought a handkerchief on which the Federal Constitution was printed; it is said that at intervals while working in the meadows around this house, he would retire to the shade of the elms and study the Constitution from his handkerchief.”
—For the State of New Hampshire, U.S. public relief program (1935-1943)
“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 (1908–1944)