Janet Yellen quote

My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.
Janet Yellen
Janet Yellen
Janet Yellen
Born: Aug 13, 1946

Topics

Inflation, Other, Variables, Rising, Insofar, Only, Output, Prices, Bottom, Bottom Line, React, Employment, Policy, Houses, Line, Affect, Goal, Bank, Central, Should, Monetary, Assets, Monetary Policy

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Quotes To Explore

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The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. Ernest Hemingway
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By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. John Maynard Keynes
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Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. Ronald Reagan
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I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments. Friedrich August von Hayek
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Less is always more. The best language is silence. We live in a time of a terrible inflation of words, and it is worse than the inflation of money. Eduardo Galeano
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Inflation is the one form of taxation that can be imposed without legislation. Milton Friedman
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Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. Sam Ewing
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Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money. Suze Orman
Great Money Financial Inflation Will Power Savings Consider Savings Accounts Market Distant Purchasing Purchasing Power Emergency Cash More Investment Retirement Long-Term Longer Like Gnaw Goal Target Accounts Stocks Short-Term Fulfill Your Fund Funding Buying
It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all. Thomas Sowell
People Wealth Inflation Way Having Take Openly Most Without Tax Them Taxes Universal Raise

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