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.

Read more about this topic:  Monetary Policy Of The United States

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

    For some natures, changing their opinions is just as much a requirement of cleanliness as changing their clothes: for others, however, it is merely a requirement of vanity.
    Friedrich Nietzsche (1844–1900)

    Newsmen believe that news is a tacitly acknowledged fourth branch of the federal system. This is why most news about government sounds as if it were federally mandated—serious, bulky and blandly worthwhile, like a high-fiber diet set in type.
    —P.J. (Patrick Jake)

    I understood that all the material of a literary work was in my past life, I understood that I had acquired it in the midst of frivolous amusements, in idleness, in tenderness and in pain, stored up by me without my divining its destination or even its survival, as the seed has in reserve all the ingredients which will nourish the plant.
    Marcel Proust (1871–1922)