“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.” ShouldHouseGoalLinesPolicyBottomEmploymentRisingAssetsInflationBottom LineMonetaryVariablesOutputCentral BanksMonetary PolicyRising Prices Author:Janet Yellen
“It is not part of the functions of the national government to find employment for people - and if we were to appropriate a hundred millions for this purpose, we should be taxing forty millions of people to keep a few thousand employed.” PeopleIfsShouldGovernmentPurposeMillionsThousandHundredFunctionEmploymentAppropriateFortyEmployed Author:James A. Garfield