Best Central Banks Quotes | Short & Famous Sayings Page 2

“Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.”

“Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have balanced regulation to encourage the economy.”

Ifs Needs Economy Concerned Heavy Trends Swings Regulation Balanced Imposing Central Banks

Author:Abdul Aziz Al Ghurair

“We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.”

Self States Government Interest Century Protect Institutions Credit Midst Shocked Equity Self Interest Disbelief Unprecedented Lending Shareholders Central Banks Tsunami

Author:Alan Greenspan

“The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.”

People Years Mean Littles Doe Ideas Fall Levels Generations Higher Percent Decades Buying Goods Stability Inflation Cheaper Central Banks Price Stability

Author:Paul Volcker

“In the current situation, particular attention should be given to the quality of financial and economic management. The Government and the Central Bank should have a strategic action plan”

Should Government Action Given Attention Quality Situation Plans Economic Particular Should Have Management Financial Currents Strategic Central Banks Current Situation

Author:Tatyana Golikova

“Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.”

Enough Earth Credit Pens Banking Bankers Monetary Central Banks Iniquity Banking System Bankers And Banks Central Banking

Author:Josiah Stamp

“We in the Congress have a moral and constitutional obligation to protect the value of the dollar and to understand why it is so important to the economy that a central bank not be given the unbelievable power of inflating a currency at will and pretending that it knows how to fine-tune an economy through this counterfeit system of money.”

Knows Important Values Given Moral Know How Economy Fine Protect Dollars Congress Obligation Tunes Pretending Currency Unbelievable Counterfeit Central Banks

Author:Ron Paul

“Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.”

Ifs Past Successful Modern Standards Gold Debt Genuine Reform Fixed Silver Fraud Banking Inflation Payment Monetary Central Banks Suspension Bail Gold And Silver Gold Standard Rations

Author:Lawrence Reed

“Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.”

Want Government Age Lasts Limits Paper Standards Gold Monsters Welcome Inflation Comprehension Central Banks Unleashed Leviathan Paper Money Banishment

Author:Llewellyn Rockwell

“It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars.”

Enough Government Pay Dollars Spending Printing Private Sector Provinces Central Banks

Author:Caroline Baum

“In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.”

Hands Economy Environment Seeing Industry Regions Regulation Banking Choke Central Banks Central Banking

Author:Abdul Aziz Al Ghurair

“In fact, some leaders come right out and say it. Mario Draghi the president of the European Central Bank had an interview with the Wall St Journal in which he said the social contract's dead; we finally got rid of it.”

Said Facts Social President Leader Wall Interviews Contracts Journal Central Banks Social Contract Mario

Author:Noam Chomsky

“I believe that banking institutions are more dangerous to our liberties than standing armies.”

“The establishment of a central bank is 90% of communizing a nation.”

Nations Establishment Central Banks

Author:Vladimir Lenin

“The problem is, if at all, in the different view of the economy, of economic growth. Growth is too low, even for us. That needs to change: More investments, a stronger role by the European Central Bank. Otherwise, there are no tensions between Italy and Germany. But on this point, compromises must be reached and we will reach them.”

Ifs Needs Different Problem Growth Views Roles Economy Economic Lows Stronger Investment Compromise Tension Germany Economic Growth Need A Change Central Banks Different Views

Author:Paolo Gentiloni

“The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike.”

Needs Political Interest Policy Instruments Rate Congress Relative Approval Autonomy Monetary Interest Rate Central Banks Monetary Policy

Author:Mohamed El-Erian

“The world changes! So we're in a situation today where the only policymakers that have flexibility are central banks. But they don't have the instruments! So they've had to experiment, and the more you experiment, the more uncertainty and the higher the risk of collateral damage.”

World Today Situation Risk Higher Instruments Experiments Uncertainty Damage Flexibility Central Banks Collateral Collateral Damage

Author:Mohamed El-Erian

“Look at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.”

World Looks May Problem Pay Unions Britain Currency Threatening Loan Greece Ukraine European Union Turmoil Euro Central Banks Referendums Imf Hernias

Author:Michael Hudson

“I did not criticize the Central Bank's position.”

Position Criticize Central Banks

Author:Vladimir Putin

“I have always thought and I still think that the Central Bank should act independently. Indeed, it does, you can take my word. I do not interfere in the decisions of the Central Bank and I do not give instructions to the Bank management or to its head.”

Thinking Giving Should Doe Stills Decision Management Instruction Interfere Central Banks

Author:Vladimir Putin

“If we speak about fundamental things, regulation of the rate is actually the function of the main regulator, namely the function of the Central Bank. And it should think of how the economy and industry react, but also of its fundamental tasks in order to ensure the stability of the rate.”

Ifs Thinking Should Order Speak Economy Industry Tasks Function Fundamentals Rate Stability Regulation Central Banks Regulators

Author:Vladimir Putin

“The stability of the rate is the main issue and the Central Bank manages to ensure it one way or another. This was finally achieved after the Central Bank switched to a floating national currency exchange rate.”

Way Issues Rate Manage One Way Stability Currency Floating Central Banks

Author:Vladimir Putin

“The Central Bank should take into account other things as well: the stability of the bank system in the country, the increase or decrease of money supply in the economy, its influence on inflation.”

Should Wells Country Economy Influence Accounts Increase Stability Inflation Decrease Central Banks

Author:Vladimir Putin

“The Central Bank has a lot to handle and it is best not to interfere with its competence.”

Handle Interfere Competence Central Banks

Author:Vladimir Putin

“The Central Bank is constantly purchasing, purchasing and selling and vice versa - this is their job.”

Jobs Vices Selling Vice Versa Central Banks Purchasing

Author:Vladimir Putin

“I know very well about the necessary level of reserves of the Central Bank as well as the purpose.”

Knows Wells Purpose Levels Reserves Central Banks

Author:Vladimir Putin

“We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.”

Needs Able Three Levels Economy Months Periods Gold Trade Russia Finance Currency Reserves Three Months Central Banks General Public Turnover Foreign Trade

Author:Vladimir Putin

“All issues - purchasing and selling of currency - are related to the regulation of the national currency market. However, it is still difficult to say what will be the reaction of the Central Bank and if it would lead to increasing the gold and foreign currency reserves.”

Ifs Stills Difficult Issues Gold Reactions Selling Related Regulation Currency Reserves Central Banks Purchasing

Author:Vladimir Putin

“The goal of what Japan's central bank is doing is to create growth. If it actually creates growth, in the long run, it will lead to appreciation.”

Ifs Long Running Goal Growth Appreciation Japan Long Runs Central Banks

Author:Jamie Dimon

“When the secretary of treasury, the head of the central bank, the head of the FDIC (Federal Deposit Insurance Corp.), and the head of the New York Fed say, "We want you to do this because we think it's in the best interest of the United States of America," you know, we're like the Japanese. We're a little patriotic that way. We said, "Yes, sir!"”

Thinking Knows Way Want Littles Said States America Interest United United States New York Feds Patriotic Secretary United States Of America Treasury Deposits Central Banks

Author:Jamie Dimon

“Finance ministers and central bank governors have the seats at the table, not labor unions or labor ministers. Finance ministers and central bank governors are linked to financial communities in their countries, so they push policies that reflect the viewpoints and interests of the financial community and barely hear the voices of those who are the first victims of dictated policies.”

Firsts Country Voice Interest Community Policy Labor Victim Tables Unions Financial Finance Ministers Seats Governors Linked Viewpoints Central Banks Labor Union

Author:Joseph Stiglitz

“Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.”

Hard Easy Effort Economy Security Policy Months Rate Including Financial Billions Lifts Buying Japan Pushing Monetary Central Banks Monetary Policy Financial Security Each Month

Author:Mark Zandi

“We are privileged that the dollar is the "currency of last resort" and the most important currency in the world. Global commodities are priced in dollars. Central banks in other countries hold great quantities of dollars. The dollar was the safe harbor, the port in the storm during the credit crisis.”

World Important Country Lasts Safe Crisis Dollars Credit Storm Quantity Currency Other Countries Commodity Privileged Resorts Harbors Port Central Banks Safe Harbor

Author:Kabir Sehgal

“A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.”

Sound Interest Creation Capitalism Rate Credit Determined Saving Cherish Contracts Savings Interest Rate Central Banks Central Banking

Book:Pillars of Prosperity: Free Markets, Honest Money, Private Property

Source: Pillars of Prosperity: Free Markets, Honest Money, Private Property

“We made a decision that monetary policy will be made by an independent European Central Bank.”

Made Decision Policy Independent Monetary Independent Women Central Banks Monetary Policy

Author:Gerhard Schroder

“The modern banking system manufactures money out of nothing.”

Modern Banking Bankers Federal Reserve Central Banks Banking System Monetary System Globalism Sleight Of Hand Modern Slavery

Author:Josiah Stamp

“The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.”

People World Way Kind Stills Real Government Magic Gold International Symbols Fund Currency Monetary Reassuring Central Banks Vaults

Author:James Surowiecki

“Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.”

Hard Political Choices Risk Manage Ministers Prime Prime Minister Central Banks Personal Choice

Author:James Surowiecki

“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Source: Memoir, Correspondence, and Miscellanies: From the Papers of Thomas Jefferson

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance.”

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson...”

“Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”

“Banks lend by creating credit. They create the means of payment out of nothing.”

Mean Creating Historical Credit Banking Payment Bankers Monetary New World Order Federal Reserve Central Banks Monetary System Bankers And Banks Banks And Money

Author:Ralph George Hawtrey

“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”

“The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.”

“Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.”

“The bank hath benefit of interest on all moneys which it creates out of nothing.”

Interest Benefits Historical Credit Banking Bankers New World Order Central Banks Monetary System Bankers And Banks Banks And Money

Author:William Paterson

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