Arundhati Bhattacharya Quotes

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

You have to change people’s minds to stop inflation.

It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.

Well, I think what we need to remember is that budget deficits can impede economic activity.

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.

Recent research suggests that New Deal programs may actually have had their primary impact on the economy by influencing consumer and business expectations of future growth and inflation.

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.

Most of the policies that support robust economic growth in the long run are outside the province of the central bank.

People forget how difficult it is to stop inflation or get it under control… I worry about it all the time.

The normal half-brained politician sometimes doesn't understand capital markets.

Our economy, in order to grow, needs people to spend.

Experience shows that high and unstable inflation can harm growth. A noninflationary macroeconomic policy is, therefore, a prerequisite for rapid development. Control of government borrowing is the crucial element in such a policy. When public borrowing is excessive, governments are soon obliged to finance it by printing money, and rising inflation then follows.

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.

If the Fed is omniscient, why didn't they pull back on the excess money supply that inflated the massive housing bubble that popped so disastrously back in 2008?

The most important initiative you could take to improve the world economy would be to stabilize the dollar-euro rate.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

We believe that - the President believes that the economy will continue to grow, that the economy will continue to create jobs, and that we need to do everything we can to enhance that growth and enhance that job creation.

My theme this evening is that America needs a competitive dollar.

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.

Low interest rates are usually attributed to low inflation, weak economic growth and super easy monetary policy. But there's another deep-seated factor that doesn't get much attention: demographics.

The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.

If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.