A Quote by Alan Blinder
The last duty of a central banker is to tell the public the truth.
Related Quotes
Our loyalty is due entirely to the United States. It is due to the President only and exactly to the degree in which he efficiently serves the United States. It is our duty to support him when he serves the United States well. It is our duty to oppose him when he serves it badly. This is true about Mr. Wilson now and it has been true about all our Presidents in the past. It is our duty at all times to tell the truth about the President and about every one else, save in the cases where to tell the truth at the moment would benefit the public enemy.
Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
A good way to make children tell the truth is to tell it yourself. Keep your word with your child the same as you would with your banker.
What is important for a central banker is that you have to convey that you know what you are doing.
Every central banker in the world pays attention to credit growth, but not in the U.S.
Corruption is when people in public office use that public office for private or selfish ends. This is one of the most central debates in the last 40 years in law, what is corruption.
Sometimes I don't tell the truth, which is telling the truth about not telling the truth. I think people don't tell the truth when they're afraid that something bad's going to happen if they tell the truth. I say things all the time that I could really get into trouble for, but they kind of blow over.
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.
I can only answer that I tried to tell the truth and, if not be objective, at least be fair; history is not served when reporters prize trepidation and propriety over the robust journalistic duty to tell the whole story.
What is central to morality is rational self-constraint (acting from duty), in cease where there is no other incentive to do your duty except that the moral law commands it.
3 people get stranded on a remote Island A Banker, a Daily Mail reader & an Asylum seeker All they have to eat is a box of 10 Mars bars The Banker says "Because of my expertise in asset management, I''ll look after our resources" The other 2 agree So the Banker opens the box, gobbles down 9 of the Mars bars and hands the last one to the Daily Mail reader He then says " I'd keep an eye on that Asylum seeker, he's after your Mars Bar
Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.
Reality is a state of mind. To the banker, the money in his ledger book is all very real, though he doesn't actually see it or touch it. But to the Brahma, it simply doesn't exist the way the air and the earth, pain and loss do. To him, the banker's reality is folly. To the banker, the Brahma's ideas are as inconsequential as dust.
The duty I owe to the slave, to truth, and to God, demands that I should use my pen and tongue so long as life and health are vouchsafed to me to employ them, or until the last chain shall fall from the limbs of the last slave in America and the world.
Some people try to get out of jury duty by lying. You don't have to lie. Tell the judge the truth. Tell him you'd make a terrific juror because you can spot guilty people.
Have you ever noticed that when people say it is their duty to tell you a certain thing you may prepare for something disagreeable? Why is it that they never seem to think it a duty to tell you the pleasant things they hear about you?
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