Top Central Banking Quotes

Browse top 3 famous quotes and sayings about Central Banking by most favorite authors.

Favorite Central Banking Quotes

1. "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."
Author: Abdul Aziz Al Ghurair
2. "In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions."
Author: Janet Yellen
3. "It was only with the crisis that debt soared.Yet many Europeans in key positions - especially politicians and officials in Germany, but also the leadership of the European Central Bank and opinion leaders throughout the world of finance and banking - are deeply committed to the Big Delusion, and no amount of contrary evidence will shake them. As a result, the problem of dealing with the crisis is often couched in moral terms: nations are in trouble because they have sinned, and they must redeem themselves through suffering.And that's a very bad way to approach the actual problems Europe faces."
Author: Paul Krugman

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When a lady does consent to listen to an argument against her own opinions, she is always predetermined to withstand it - to listen only with her bodily ears, keeping the mental organs resolutely closed against the strongest reasoning."
Author: Anne Brontë

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