A Quote by Joseph Stiglitz

When you're facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead everywhere except on 19th Street in Washington.

Joseph Stiglitz

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Dead Everywhere Except Facing Fiscal Fiscal Policy Monetary Need Policy Recession Street Threat Views Washington

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Joseph Stiglitz
American - Economist
Born: February 9, 1943

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

Paul Krugman

Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.

Ben Bernanke

Fiscal policy, monetary policy, they need to work together to try and raise the level of growth.

Joe Hockey

Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.

Sri Mulyani Indrawati

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

James Surowiecki

Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.

Janet Yellen

If the public understands the central bank's views on the economy and monetary policy, then households and businesses will take those views into account in making their spending and investment plans; policy will be more effective as a result.

Jerome Powell

Americans need to understand that they have lost their country. The rest of the world needs to recognize that Washington is not merely the most complete police state since Stalinism, but also a threat to the entire world. The hubris and arrogance of Washington, combined with Washington's huge supply of weapons of mass destruction, make Washington the greatest threat that has ever existed to all life on the planet. Washington is the enemy of all humanity.

Paul Craig Roberts

The American people and the entire world need to understand that the threat to life on earth resides in Washington and that until Washington is fundamentally and totally changed, this threat will remain as the worse threat to life on earth.

Paul Craig Roberts

... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.

Warren Buffett

I'm not trying to be diplomatic. I'm trying to be more nuanced and realistic. I think there has to be a serious examination of the shortcomings of the Euro structure. Euro central institutions, whether it be fiscal policy, monetary policy, financial regulation, are simply not as robust as they are in a currency that has a national government behind it.

Stephen Harper

Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.

Elvira Nabiullina

In stabilizing the macroeconomic environment, we have focused on aligning fiscal with monetary policy and nudging the central bank toward the objective of more market-determined exchange rates.

Yemi Osinbajo

Veterans are driven by the same frustrations that the public has with what is happening in Washington... the fiscal irresponsibility and the financial crisis that our country is facing.

Pete Hegseth

The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy.

Janet Yellen

The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas.

Paul Samuelson

A Quote by Joseph Stiglitz

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