Top 4 Quotes & Sayings by William McChesney Martin

Explore popular quotes and sayings by William McChesney Martin.
Last updated on November 25, 2024.
William McChesney Martin

William McChesney Martin Jr. was an American business executive who served as the 9th chair of the Federal Reserve from 1951 to 1970, the longest serving in that position. He was nominated to the post by President Harry S. Truman and reappointed by four of his successors. Martin, who once considered becoming a Presbyterian minister, was described by a Washington journalist as "the happy Puritan".

December 17, 1906 - July 27, 1998
The Federal Reserve... is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up. — © William McChesney Martin
The Federal Reserve... is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.
Too many of our prejudices are like pyramids upside down. They rest on tiny, trivial incidents, but they spread upward and outward until they fill our minds.
What's good for the United States is good for the New York Stock Exchange. But what's good for the New York Stock Exchange might not be good for the United States.
Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing.
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