Monetary Policy of The United States - Opinions of The Federal Reserve

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.

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Famous quotes containing the words opinions of, opinions, federal and/or reserve:

    I have come slowly into possession of such powers as I have ... I receive the opinions of my day. I do not conceive them. But I receive them into a vivid mind.
    Woodrow Wilson (1856–1924)

    The world is for thousands a freak show; the images flicker past and vanish; the impressions remain flat and unconnected in the soul. Thus they are easily led by the opinions of others, are content to let their impressions be shuffled and rearranged and evaluated differently.
    Johann Wolfgang Von Goethe (1749–1832)

    [M]y conception of liberty does not permit an individual citizen or a group of citizens to commit acts of depredation against nature in such a way as to harm their neighbors and especially to harm the future generations of Americans. If many years ago we had had the necessary knowledge, and especially the necessary willingness on the part of the Federal Government, we would have saved a sum, a sum of money which has cost the taxpayers of America two billion dollars.
    Franklin D. Roosevelt (1882–1945)

    One should never make one’s debut with a scandal. One should reserve that to give an interest to one’s old age.
    Oscar Wilde (1854–1900)