A Quote by Brian Wesbury

If printing money helped the economy, then counterfeiting should be legal — © Brian Wesbury
If printing money helped the economy, then counterfeiting should be legal
America really started to die when the Federal Reserve was founded, and it really started to die in 1971 when the gold backing was taken away from the dollar, and this currency with Ben Bernanke just printing up or counterfeiting as much money as he wants and destroying the economy is really destroying the economy.
Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.
Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.
The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy.
Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.
And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.
Though I don't personally believe that Bitcoin is true money, it should be perfectly legal, and there should be no restrictions on it; there should be no taxes on it.
I am surprised at all the people in the high-tech industry focused on "making money"... If that's all they want to do, they should have a $100 printing press in their basements and they will truly "make money." Instead, if we focus all that energy on innovation, we'll change the world for the best.
Money, amazingly, is losing its power... Our economy is rapidly changing from a money economy to a satisfaction economy.
Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
The American Civil Liberties Union, has helped neutralize the Judeo-Christian underpinnings of our legal system by seeking new legal precedents.
A free and open Internet should not have to be weighed down by legal challenges - its dynamism is essential to our economy.
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
If you have a sane economy, and by sane economy I mean one which is not addicted to debt, not a Ponzi economy, then the change in debt each year should contribute a minor amount to demand. Therefore, if you tried to correlate debt to the level of unemployment you would not find much of a correlation. Unfortunately that is not the economy we live in.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
Printing money - is it really the answer? ... If we just print a million dollars for every man, woman, and child in the country and handed it to them, won't that fix everything? Because in order to really look at printing - I like to take everything to the extreme.
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