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Price Stability Quotes

Browse 9 quotes about Price Stability.

Price Stability Quotes

“Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.”

Wells Growth Economy Financial Congress Missions Critical Employment Preserves Stability Efficient Stable Maximum Output Financial System Price Stability

Author:Ben Bernanke

“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

“Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.”

Long Important Term Interest Economy Achieve Rate Objectives Employment Long Term Stability Reserves Moderates Maximum Mandates Federal Reserve Interest Rate Price Stability

Author:Ben Bernanke

“If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.”

Ifs Long Term Focus Economic Policy Prosperity Employment Long Term Contribution Stability Committees Colleagues Maximum Monetary Monetary Policy Economic Prosperity Price Stability

Author:Ben Bernanke

“‎"But that's the price we have to pay for stability. You've got to choose between happiness and what people used to call high art. We've sacrificed the high art.”

People Art Used Pay Stability Brave New World Brave New World Happiness Brave New World Freedom Brave New World Character High Art Brave New World Technology Brave New World Lenina Brave New World Consumerism Brave New World John Price Stability

Book:Brave New World

Source: Brave New World

“It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.”

Facts Century Unique Standards Gold Objectives Tendencies Boards Stability Currency Passive Banking Inflation Nineteenth Century Central Banks Gold Standard Prominence Price Stability

Author:Paul Volcker

“We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.”

Ifs Needs Doe Real Jobs Economy Concerned Financial Productions Assets Stability Bubbles Bankers Price Stability

Book:The Age of Turbulence: Adventures in a New World

Source: The Age of Turbulence: Adventures in a New World

“Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years.”

Years Long Periods Importance Japan Stability Sustainability Central Banks Assessing Price Stability

Author:Toshihiko Fukui

“We will work to bring an element of stability to the price of oil.”

Elements Oil Stability Price Stability

Author:Olusegun Obasanjo