Quotes of All Topics . Occasions . Authors
Monetary conditions exert an enormous influence on stock prices. Indeed, the monetary climate - primarily the trend in interest rates and Federal Reserve policy - is the dominant factor in determining the stock market's major direction.
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.
There should be a readiness, on our part, to investigate with candor to follow the truth wherever it may lead us, and to submit, without reserve or objection, to all the teachings of this religion, if it be found to be of divine origin.
Out of the bitter experiences of the panic of 1819 emerged the beginnings of the Jacksonian movement, dedicated to hard money, the eradication of fractional reserve banking in general, and of the Bank of the United States in particular.
If Congress wanted to intervene with the Federal Reserve, well, we created the Federal Reserve. We could uncreate it. But would you want Congress regulating the money supply? We'd have drowned in inflation, or gone bankrupt, decades ago.
I got a call from a group saying they'd like to have a roundtable with the reserve next door, and would I help to set it up. I said, 'Sure, what's the name of the chief?' I asked, 'Do you know any members of the band council?' They didn't.
You've got to be a right grouch to hate holidays, but one thing I do hate is the old towel on the sun bed trick. It kills me that people get up at five in the morning and go down to the swimming pool and reserve their sun bed with a towel.
These designers have no reserve. They've chosen a path and thrown themselves onto it head first, regardless of everything. Whether or not their designs are sellable or vulgar. As long as it's new and people talk about it. That is the truth.
While it is important to maintain a balanced approach to solving our nation's energy problems, we must commit ourselves to recognize some areas as 'off limits,' and the Artic National Wildlife Reserve is a national symbol of that commitment.
My first experience with film was through a still camera. I would sit, very much against my will, with my father in the game reserve, watching some elephant or rhino or whatever, through a 400 millimeter lens and wait, and waiting and waiting.
I am artistic so I reserve the right to change my mind at any point. I just like to do different things. What is more important than the name is that people know that I really like acting, I enjoy it and I want people to know that I am serious.
To the extent that the United States has, I don't like the word hegemony, the United States has influence around the world, I don't think that's based on to any significant degree on the fact that countries use the dollar as their major reserve.
I claim for Canada this, that in future Canada shall be at liberty to act or not act, to interfere or not interfere, to do just as she pleases, and that she shall reserve to herself the right to judge whether or not there is cause for her to act.
Ron Paul's crazy talk about the Federal Reserve makes more sense these days. Right now, every - all this debt issued by the United States people assume the Chinese are buying, no they don't want any more American debt. Ron Paul has a point there.
Mankind will never win lasting peace so long as men use their full resources only in tasks of war. While we are yet at peace, let us mobilize the potentialities, particularly the moral and spiritual potentialities, which we usually reserve for war.
My mother was in the Army Reserve for six years. She taught me the importance of following rules, finishing what I start, never giving up, leadership skills, teamwork, staying positive, motivated and how to pack the military way when I'm traveling!
The reason most people don't express their individuality and actually deny it, is not fear of what prime ministers think of us or the head of the federal reserve, It's what their families and their friends down at the bar are going to think of them.
The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.
A few weeks after the planes hit the World Trade Center, I applied for a direct commission in the U.S. Army Reserve and ultimately served three active duty tours, including overseas in Iraq and Afghanistan. Really, my whole family served three tours.
The Classics are those books which constitute a treasured experience for those who have read and loved them; but they remain just as rich an experience for those who reserve the chance to read them for when they are in the best condition to enjoy them.
Science, already oppressive with its shocking revelations, will perhaps be the ultimate exterminator of our human species - if separate species we be - for its reserve of unguessed horrors could never be borne by mortal brains if loosed upon the world.
Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.
It is true that it is usually for their books that novelists reserve their most considered and ordered thoughts, but the fact is they arise inescapably from one consciousness: the same one that is occupied in all the other activities which make up a life.
You can't fall back on the private sector and say, 'You take care of the nation's banking system.' That's a fundamental function of the government, the Federal Reserve, the Treasury and the FDIC, etc. All of those agencies have a major role to play there.
Earnings don't move the overall market; it's the Federal Reserve Board... focus on the central banks, and focus on the movement of liquidity... most people in the market are looking for earnings and conventional measures. It's liquidity that moves markets.
There are congressmen in our congregation, judges, federal reserve governors. And there are also people who are homeless and some who are mentally ill. To be able to talk to each of those people is something that I've had to learn how to do over the years.
Paying interest on reserve balances enables the Fed to break the strong link between the quantity of reserves and the level of the federal funds rate and, in turn, allows the Federal Reserve to control short-term interest rates when reserves are plentiful.
We want First Nations and these people to be like Canadians on a lot of points of view. Right now, that's not normal that they cannot have running water on reserve. We need to fix that, but it must not be imposed by Ottawa, a top-down bureaucratic decision.
You know, if we're going to bring down the price of gas, you have to have three things. You have to have a big reserve, you have to have the ability to develop oil out of that reserve quickly, and you have to be able to produce oil at a relatively low cost.
The reason I am so negative about the Federal Reserve's policies is that they only target core inflation and argue that they can't identify bubbles, but when each bubble bursts, they flood the system with liquidity that brings about unintended consequences.
During the 1970s, inflation expectations rose markedly because the Federal Reserve allowed actual inflation to ratchet up persistently in response to economic disruptions - a development that made it more difficult to stabilize both inflation and employment.
The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up.
Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.
If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?'
Fractional reserve banks are sitting ducks and are always subject to contraction. When the banks' state of inherent bankruptcy is discovered, for example, people will tend to cash in their deposits, and the contractionary, deflationary pressure could be severe.
I'm still shy - I'm no good at my children's parent-teacher conferences, and I'm slowly learning how to ask for what I want. But I now know that I have a reserve of courage to draw upon when I really need it. There's nothing that I'm too scared to have a go at.
If you've had the No. 1 job, why would you go back and be reserve manager? Is Alex Ferguson going to be reserve manager for Manchester United? It's like a boxer going into the ring with one arm behind his back. Why would you do it? You're going to get knocked out.
I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.
I reserve the right to survey the national political landscape for candidates at all levels who reflect a proper understanding of our national security, economic security, and family security - the ideals of social conservation, the heart and strength of our country.
I always love going on a safari drive whenever I visit Ulusaba Private Game Reserve in South Africa. I've been fortunate to see so many incredible animals over the years, and each time, it's completely different. Following Ulusaba's pack of wild dogs is my highlight.
A dollar vigilante is a free market individual who protests the government monopoly and financial policies, such as fractional reserve banking and unbacked fiat currencies, by selling those same fiat currencies in favor of other assets, including gold and precious metals.
I write in the mornings. I get up every morning at about six in the morning and write until nine, hop in the shower and go to work. Nighttime I usually reserve for re-reading what I've done that morning. I would be lying if I said I stuck to that schedule every single day.
The Federal Reserve is not charged with designing or evaluating proposals for housing finance reform. But we are responsible for regulating and supervising banking institutions to ensure their safety and soundness, and more broadly for the stability of the financial system.
The intelligent defense of free speech should not rest on the notion that we must tolerate every form of speech, no matter how offensive. It's that we should lean toward greater tolerance for speech we dislike, and reserve our harshest penalties only for the worst offenders.
While I oppose the death penalty as a policy matter, in a legal culture in which we reserve the right to execute people for relatively routine street crimes, it seems quite absurd for the justice system to get squeamish about executing the operational masterminds of Sept. 11.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
I actually had the chance to sign for Newcastle before I went to West Ham; I didn't in the end because they had got rid of their reserve team. There were a few clubs interested but I liked what West Ham had to offer and never regretted signing for them, I loved it straight away.
The thing about stand-ups is you can't really get good unless you're failing in front of a large number of people. That makes stand-up comedy unique: you need a tremendous amount of reserve within you to take the rejection from the audience, and without it, you can't do anything.
In those days, reserve duty lasted for six years, which, I might add, was three times as long as service in the regular army, although to be perfectly honest, I was unable to fulfill my entire obligation because I was taking acting classes and they said I could skip my last year.