Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
Lawrence Klein - I believe that monetary policy has a...
I believe that monetary policy has a chronic defect. It is asymmetric-it works better in restraining an economy than in stimulating an economy. (Lawrence Klein)

I believe that monetary policy has a chronic defect. It is asymmetric-it works better in restraining an economy than in stimulating an economy.

Lawrence Klein

Related topics

believe chronic defect economy policy restraining works

Related quotes

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession. View quote
William Greider
So I'm definitely in favour of stimulating the dynamic wealth creation sectors of the economy. View quote
Boris Johnson
There is no reason to think that the impact [of monetary policy] will be captured in any single [variable]..., whether it is a monetary stock or a market interest rate. View quote
James Tobin
We made a decision that monetary policy will be made by an independent European Central Bank. View quote
Gerhard Schröder
I think the way it works is that when you're casting a movie, you usually want to work with people that you believe in. View quote
Owen Wilson