A Quote by Jerome Powell

Central banking often comes across as obscure and complicated, and we try to help the public understand what we do.

Jerome Powell

Quote Topics

Across Banking Central Central Bank Central Banking Complicated Help Obscure Often Public Try Understand

Quote Author

Jerome Powell
American - Public Servant
Born: February 4, 1953

Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.

Murray Rothbard

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

Llewellyn Rockwell

Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.

James Grant

When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power.

James Rickards

So perhaps the most worrying single remark made by a responsible banking official during the current crisis came from Jochen Sanio, the head of Germany's banking regulator BaFin. He warned on Aug. 1 that his country could be facing the worst banking crisis since 1931 - a reference to the collapse of Austria's Kredit Anstalt, which provoked a wave of bank failures across Europe.

Martin Walker

We have a group of friends of the museum who try to raise, if they can, periodically something to help us. Of course, the main thing about a building like this is its upkeep. It needs central heating and it needs central air conditioning.

Katherine Dunham

Do they [the publishers of Murphy] not understand that if the book is slightly obscure it is because it is a compression and thatto compress it further can only make it more obscure?

Samuel Beckett

For some obscure reason, some authorities seem bent on making the drinking of wine a ritual more complicated than chess. They have succeeded in inhibiting a large section of the public and depriving them of one of the greatest pleasures known to man.

Craig Claiborne

A central notion in the Affordable Care Act was we had an inefficient system with a lot of waste that didn't also deliver the kind of quality that was needed that often put health care providers in a box where they wanted to do better for their patients, but financial incentives were skewed the other way... We don't need to reinvent the wheel; you're already figuring out what works to reduce infections in hospitals or help patients with complicated needs.

Barack Obama

War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America.

Murray Rothbard

It is so much easier to be nice, to be respectful, to put yourself in your customers' shoes and try to understand how you might help them before they ask for help, than it is to try to mend a broken customer relationship.

Mark Cuban

I think that language matters. I think that people who are in public life have an opportunity to help the public understand issues and understand the urgency of issues. And to that extent, I think it is important how issues are talked about.