Central Bank Quotes
Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.
Tags: Best, Try, Wisdom ✍ Author: Mary Kay AshIn the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.
Tags: Economy, Possible, Within ✍ Author: Marc FaberCentral banks need to be able to buy bonds if there are short-term malfunctions of the markets. But buying bonds without differentiation and without limits would be very problematic.
Tags: Able, Buying, Limits ✍ Author: Douglas FeithA system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Tags: Interest, Money, System ✍ Author: Ron PaulLet's not forget, it was the government, Department of Finance and Central Bank that decided to unfairly land the taxpayers of this country with unmitigated losses of Anglo and massive legacy issues that would have been expected when nationalising a fraudulent bank.
Tags: Finance, Forget, Government ✍ Author: Sean Quinn