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Economy Quotes

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Economy Quotes

“Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.”

“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.”

“Bad as "independence" is, the main fault of the Federal Reserve System - an admirable system if conducted in the public interest - is that too much power and control rests in the hands of people whose private interests are directly affected by the Federal Reserves' actions.”

“It appears it would be quite un-American not to be suspicious of the government or to distrust it. History has taught them a little too much about the tragic frailties of human governments, but it has also driven home to them that they must control firmly political and economic power, which, handed over to any government in their land, could be easily used to oppress them.”

Humans Littles Home Wisdom Government Would Be Political Used Politics Economy Too Much Economic Land Taught Driven Liberalism Tragic Distrust Suspicious Frailty Economic Power

Author:Ndabaningi Sithole

“He that, when he should not, spends too much, shall, when he would not, have too little to spend.”

Should Littles Economy Too Much

Book:Resolves: divine, moral and political

Source: Resolves: divine, moral and political

“We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough and from 50 years of government spending too much.”

Needs Years Enough Government Grows Economy Too Much Politician Spending Deficit American Politics Insisting Government Spending

Book:Ronald Reagan

Source: Ronald Reagan

“If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks.”

People Ifs Loss Views Economy Too Much Risk Greed Innovative Bankruptcy Market Economy Bail

Author:Nouriel Roubini

“Government is not a solution to our problem, government is the problem. ... Government does not solve problems; it subsidizes them. Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it. ... The problem is not that people are taxed too little, the problem is that government spends too much.”

People Ifs Littles Doe Problem Government Moving Views Economy Too Much Taxes Solutions Solve Phrases Keep Moving

Author:Ronald Reagan

“Russia depends on natural resources way too much. Russian economy is not diversified enough”

Way Enough Natural Economy Too Much Depends Resources Russia Natural Resources Russian Economy

Author:Kenneth Rogoff

“Year after year in Washington, budget debates seem to come down to an old, tired argument: on one side, those who want more government, regardless of the cost; on the other, those who want less government, regardless of the need....Government has a role, and an important role. Yet, too much government crowds out initiative and hard work, private charity and the private economy....Government should be active, but limited; engaged, but not overbearing.”

Want Needs Should Years Important Hard Seems Government Sides Roles Economy Too Much Hard Work Cost Argument Tired Charity Crowds Active Debate Budgets Engaged Initiative Overbearing

Author:George W. Bush