David Malpass quote
The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems.
David Malpass
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Commitment, Money, Financial, Inflation, Problems, Rates, More, Layers, Fed, Clear, Instead, Unstable, Powerful, Make, Underlying, Reduce, Trading, Encourages, Fix, Stable, Bigger, Interest, Interest Rates, Should, Meanwhile, Derivatives, Regulation, Momentum, Washington, Swings, Growth, Champions
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Nominations of Eric D. Hargan, David Malpass, Andrew K. Maloney, and Brent James Mcintosh : hearing before the Committee on Finance, United States Senate
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