A Quote by Ben Bernanke

The Fed's independence is critical. — © Ben Bernanke
The Fed's independence is critical.
Federal Reserve officials have stressed the importance of the Fed's independence. But such independence does not mean that it is immune from Congressional oversight.
Bankers themselves govern the Fed to some extent, and then there's the classic revolving door where Fed officials come from and then go back to the financial sector. Fed officials tend to believe that the institution should have a large measure of independence from democratic control, even though in law it is under the ostensible control of Congress.
I'm pro-WWE, but also I maintain my independence and speak my true thoughts, never bashing the product. But yes, I can be critical. I've earned the right to be critical.
It's absolutely critical that we audit the Fed so the American people can see what's going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I've introduced, and get rid of the Fed.
It is critical that special counsels have the independence and resources they need to lead investigations.
Maturity is not equated with independence though it includes a certain capacity for independence...The independence of the mature person is simply that he does not collapse when he has to stand alone. It is not an independence of needs for other persons with whom to have relationship: that would not be desired by the mature.
People are fed up. They are fed up with what's happening in Washington. They are fed up with both parties. They are fed up with politicians who have lied to them.
Leaders have devoted themselves to politics, little knowing, it seems that political independence disappears without economic independence that economic independence is the foundation of political independence.
I remember being 18 and being fed up with everything - fed up with society, fed up with the political system, fed up with myself - and then you kind of go, 'Actually, this voting thing is amazing,' because you have a chance to change it, right?
I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law.
There's obviously different roads you can go down. And I think if you study it, how teams are built - and I went through this in Minnesota - the draft is critical, free agency is critical, player development is critical and trade opportunities are critical.
The one thing I wanted was independence. And I realised to have that independence, you needed financial independence.
Independence of Judiciary means independence from Executive and Legislature, but not independence from accountability.
America is fed up with political correctness, and it is fed up with government that doesn't work. It's fed up with weakness being interpreted as wisdom.
And we have a Fed that's doing political things. This Janet Yellen of the Fed. The Fed is doing political - by keeping the interest rates at this level.
When Al Gore picked Joe Lieberman, it was a clear declaration of independence from President Clinton; no Democrat had been more critical of Clinton's misconduct.
This site uses cookies to ensure you get the best experience. More info...
Got it!