A Quote by Paul Romer

What happens at the Fed, what Janet Yellen and the other people decide there, what happens in central banks in other parts of the world is very important. This can make the difference between a high unemployment rate, a slow recovery or a more rapid recovery.

Paul Romer

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Banks Between Central Central Bank Central Banks Decide Difference Fed Happens High Important Make More Other Parts People Rapid Rate Recovery Slow Unemployment Unemployment Rate Very World

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Paul Romer
American - Economist
Born: November 6, 1955

The recovery of the banks is what happens when you reduce competition, lend money to them at zero interest rates, allow them to gamble. That particular style of restoration actually inhibits the economic recovery.

Joseph Stiglitz

There thus appears to be an inverse correlation between recovery and psychotherapy; the more psychotherapy, the smaller the recovery rate.

Hans Eysenck

What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such as a Federal Funds rate, the overnight rate at which banks lend to one another. But they use that control to control what happens to the quantity of money. There is no disagreement.

Milton Friedman

You can forget about recovery. There is no recovery - and there's not going to be any recovery. Recovery is an impossibility.

Bill Bonner

Your worst parts of your life, the things that you're ashamed of will become your strongest assets in a very quick amount of time. And the implication in that is your story is all that you have so passing it on to someone else who is struggling behind you coming up the ladder helps them. And so in the spirit of service in recovery we often talk about the power of our own stories to connect with other people and show them that they too can get well. I have found that not only is that true in the recovery world, but it is true in the social world in the social milieu in which I exist.

Andrew Zimmern

For schizophrenia, the recovery rate with drug therapy is under 15%. With nutritional therapy, the recovery rate is 80%.

Abram Hoffer

The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they're going to want their apartments and homes. And that's when you'll start to see a recovery in home prices.

Jamie Dimon

I think President Barack Obama is going to be treated very, very well by history in terms of his ability to save the economy. And that's certainly true in rural areas. The unemployment rate is substantially reduced, the poverty rate is down, and in large part because of the investments that were made during the Recovery Act and thereafter, historic investments.

Tom Vilsack

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.

Donald Trump

One wants recovery to start from the bottom, and the other wants it to start from the top. I don't know which is right. I've never heard of anybody suggesting that they might start it in the middle, so I hereby make that suggestion. To start recovery halfway between the two, because it's the middle class that does everything anyhow. But I don't know anything about it.

Will Rogers

But my activities have been pretty much focused in the last almost 30 years on the recovery, of my own recovery, the understanding for my family of my recovery.

Betty Ford

Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.

Nassim Nicholas Taleb

The reality is the most important thing that can be done are these permanent changes like to the tax code, reduction of government spending. These are the things that pop up in economy and move it in the right direction, start to make it an economy that is moving because of the money in the private economy. When you think about it, when the Fed is lowering an interest rate, what it's doing is it's creating more liquidity. It's putting more money into the economy. The same thing happens when you reduce the tax except if happens from physical policy.

Rudy Giuliani

There are resurrection themes in every society that has ever been studied, and it is because not just only do we fantasize about the possibility of resurrection and recovery, but it actually happens. And it happens a lot.

Sherwin B. Nuland

Success is like food caught in your teeth: much more noticeable when it happens to other people. If it happens to you, other people have to take you aside and say something.

Alexandra Petri

Can it really be love if we don't talk that much, don't see each other? Isn't love something that happens between people who spend time together and know each other's faults and take care of each other?...In the end, I decide that the mark we've left on each other is the color and shape of love.

Sara Zarr

A Quote by Paul Romer

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