The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level.
If scientists can't communicate with the public, with policy makers, with one another, the future is going to be held back. We're not going to have the future that we could have.
Everything that Bush touches turns to manure in public policy.
No couples in Virginia can adopt other than a married couple - that's the right policy.
I support Medicare for all. It is my preferred policy.
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
When monetary policy destroys the currency, it always destroys the middle class.
Monetary policy is not a panacea.
There are limits to monetary policy.
Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.
While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run sustainable level of the economy's growth.
There is no risk-free path for monetary policy.
One factor that favors easier adjustment in EMEs is that U.S. monetary policy normalization has been and should continue to be gradual, as long as the U.S. economy evolves roughly as expected.
The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment.
Monetary policy should never have been expected to shift economies to a sustainably higher growth trajectory by itself.
I don't think that the ECB should compensate for the lack of reforms in some countries... But it is clear that monetary policy can help countries and continents to rebound faster.
Private monopolies run by special interests should not get to raise taxes and set regulatory policy for the United States.
If a policy is wrongheaded, feckless and corrupt, I take it personally and consider it a moral obligation to sound off and not shut up until it's fixed.
Trump promised an 'America First' foreign policy rooted in the national interest, not in nostalgia.
When national policy becomes hostage to regional interests, the federal government becomes paralysed and would be unable to act in the larger national interest.
