Top 40 Us Federal Reserve Quotes
#1. Fletcher Von Pein was one of the twelve founders of the Omega Agency. He was also a powerful banker and a majority shareholder in the US Federal Reserve which, despite its misleading name, had zero government ownership and was actually a private corporation owned by the global elite.
James Morcan
#2. Before passage of this [Federal Reserve] Act, the New York Bankers could only dominate the reserves of New York. Now, we are able to dominate the bank reserves of the entire country.
Nelson W. Aldrich
#3. The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary.
Ben Bernanke
#4. The Federal Reserve bank buys government bonds without one penny ...
John C. Danforth
#5. Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.
Ben Bernanke
#6. Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.
Ben Bernanke
#7. There is no entity in the world that controls our lives more than the Federal Reserve System
Harry Reid
#8. Even when [Federal Reserve Chairman Ben] Bernanke said the recession was over ... you think that would have been a bigger boom somewhere, but it seems we just take everything in stride.
Bill Maher
#9. The Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals
Ben Bernanke
#10. Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States
Barry M. Goldwater
#11. The Federal Reserve has never suffered any losses in the course of its normal lending to banks and, now, to primary dealers.
Ben Bernanke
#12. The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks.
Bernie Sanders
#13. When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve ... mustered the moral courage to do what was necessary.
Ben Bernanke
#14. We own the Federal Reserve. There is this misconception that the Federal Reserve is some private entity. But if I might give an analogy here, we - U.S. taxpayers - own all the stock in the Federal Reserve.
Gary Johnson
#15. There is two things that can disrupt business in this country. One is War, and the other is a meeting of the Federal Reserve Bank.
Will Rogers
#16. History has recorded nothing so dramatic in design, nor so skillfully manipulated, as this attempt to create the National Reserve Association, or the Federal Reserve.
Charles Lindbergh
#17. The Federal Reserve System is not Federal; it has no reserves; and it is not a system at all, but rather, a criminal syndicate.
Eustace Mullins
#18. Von Pein's family was a little known, but highly influential entity within American banking circles. Banking Royalty, some called it. His grandfather had been one of the chief orchestrators of the Federal Reserve Act of 1913, which effectively took ownership of the bank from the American people.
James Morcan
#19. No major institution in the US has so poor a record of performance over so long a period as the Federal Reserve, yet so high a public reputation.
Milton Friedman
#20. Actions have consequences. The consequences of wealth confiscation by the Federal-Reserve mechanism are now upon us.
Anonymous
#21. I know this, the Federal Reserve is private and the I.R.S. is screwing us.
Alex Jones
#22. The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.
Ben Bernanke
#23. Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.
Murray Rothbard
#24. Ron Paul's crazy talk about the Federal Reserve makes more sense these days. Right now, every - all this debt issued by the United States people assume the Chinese are buying, no they don't want any more American debt. Ron Paul has a point there.
Mark Steyn
#25. The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933.
Milton Friedman
#26. The reason most people don't express their individuality and actually deny it, is not fear of what prime ministers think of us or the head of the federal reserve, It's what their families and their friends down at the bar are going to think of them.
David Icke
#28. The financial system has been turned over to the Federal Reserve Board. That board administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money.
Charles A. Lindbergh
#29. The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing.
Ben Bernanke
#30. There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
Robert C. Solomon
#31. If the federal government is an addict, then the Federal Reserve System is its enabler.
Thomas E. Woods Jr.
#32. A U.S. dollar is an IOU from the Federal Reserve Bank. It's a promissory note that doesn't actually promise anything. It's not backed by gold or silver.
P. J. O'Rourke
#33. Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.
Tim Harford
#34. Paul Volcker, former chairman of the Federal Reserve (1979-87): The worst financial investment I ever made was spending so much time in government. The most satisfying personal investment I ever made was spending so much time in government, frustrating as it could be.
Anonymous
#35. The Federal Reserve is not currently forecasting a recession.
Ben Bernanke
#36. I know the Federal Reserve Bank can continue to print more and more money ... but city and state governments cannot.
Robert Kiyosaki
#37. The reason I am so negative about the Federal Reserve's policies is that they only target core inflation and argue that they can't identify bubbles, but when each bubble bursts, they flood the system with liquidity that brings about unintended consequences.
Marc Faber
#38. The Federal Reserve System is a legal private monopoly of the money supply operated for the benefit of the few under the guise of protecting and promoting the public interest.
Anonymous
#39. The Federal Reserve ranks among the most transparent central banks. We publish a summary of our balance sheet every week. Our financial statements are audited annually by an outside auditor and made public. Every security we hold is listed on the website of the Federal Reserve Bank of New York.
Janet Yellen
#40. The Federal Reserve ... is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.
William McChesney Martin
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