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 the, opinions of, opinions, federal and/or reserve:
“America owes most of its social prejudices to the exaggerated religious opinions of the different sects which were so instrumental in establishing the colonies.”
—James Fenimore Cooper (1789–1851)
“America owes most of its social prejudices to the exaggerated religious opinions of the different sects which were so instrumental in establishing the colonies.”
—James Fenimore Cooper (1789–1851)
“The logic of worldly success rests on a fallacy: the strange error that our perfection depends on the thoughts and opinions and applause of other men! A weird life it is, indeed, to be living always in somebody else’s imagination, as if that were the only place in which one could at last become real!”
—Thomas Merton (1915–1968)
“There are always those who are willing to surrender local self-government and turn over their affairs to some national authority in exchange for a payment of money out of the Federal Treasury. Whenever they find some abuse needs correction in their neighborhood, instead of applying the remedy themselves they seek to have a tribunal sent on from Washington to discharge their duties for them, regardless of the fact that in accepting such supervision they are bartering away their freedom.”
—Calvin Coolidge (1872–1933)
“I do not know what right I have to so much happiness, but rather hold it in reserve till the time of my desert.”
—Henry David Thoreau (1817–1862)