A Quote by Raghuram Rajan

Central bankers have had enormous responsibilities thrust on them to compensate, essentially, for the failings of the political system. And my worry is we don't have sufficient tools to do that, but we're not willing to say it.

Raghuram Rajan

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Bankers Central Central Bank Compensate Enormous Essentially Had Political Political System Responsibilities Say Sufficient System Them Thrust Tools Willing Worry

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Raghuram Rajan
Indian - Economist
Born: February 3, 1963

Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system.

Ben Bernanke

'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.

Paul Singer

Perhaps we should worry less about judging people for being Mormon or Baptist or Muslim or gay or straight or black or white or Latino or by their religious or political brands and worry more about electing thoughtful, serious and ethical politicians on both sides of the political isle who are willing to work together for progress.

Charity Sunshine Tillemann-Dick

I can say, if I like, that social insects behave like the working parts of an immense central nervous system: the termite colony is an enormous brain on millions of legs; the individual termite is a mobile neurone.

Lewis Thomas

The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

Carroll Quigley

The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation created by their own central banks, and therefore they could not finance a war. A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created.

Eustace Mullins

As stupid as it might sound, older people everywhere would probably be better off if they'd abandoned prudence and borrowed more. That is obviously not what the central bankers or our political leaders want. But that's the situation they've created.

Neil Macdonald

Indeed, the best practical reason to think that social media can help bring political change is that both dissidents and governments think they can. All over the world, activists believe in the utility of these tools and take steps to use them accordingly. And the governments they contend with think social media tools are powerful, too, and are willing to harass, arrest, exile, or kill users in response.

Clay Shirky

I had motives for not wanting the world to have meaning; consequently assumed that it had none, and was able without any difficulty to find satisfying reasons for this assumption ... For myself, as no doubt, for most of my contemporaries, the philosophy of meaninglessness was essentially an instrument of liberation. The liberation we desired was simultaneous liberation from a certain political and economic system, and liberation from a certain system of morality. We objected to the morality because it interfered with our sexual freedom.

Aldous Huxley

Sometimes, when you look at an adviser's failings or perceived failings, I think the tough question you have to ask as a journalist is, 'What does this say about the president?'

Jodi Kantor

And I know you’re not supposed to say ‘Nazi Germany,’ but I don’t care about political correctness. You know, you had a government using its tools to intimidate the population. We now live in a society where people are afraid to say what they actually believe.

Benjamin Carson

The anti-gun-violence movement was essentially asleep from 1994 to 2012, and during that time, the gun lobby built up enormous political power.

Chris Murphy

Some people have greatness thrust upon them. Very few have excellence thrust upon them.

John W. Gardner

The shocking possibility that dumb people don't exist in sufficient numbers to warrant the millions of careers devoted to tending them will seem incredible to you. Yet that is my central proposition: the mass dumbness which justifies official schooling first had to be dreamed of; it isn't real.

John Taylor Gatto

Worry is assuming responsibilities that you cannot handle. They truth is, they are responsibilities that God never intended for you to handle, because they are His.

Charles R. Swindoll

Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage.

Andrew Ross Sorkin

A Quote by Raghuram Rajan

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