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Letter "R" » Richard Fisher Quotes
«Business is risky enough without the additional uncertainty created when a nation's unit of account -- in plain language, its money -- is undermined,»
«So this leaves a third option: better calibrating government spending programs,»
«shows little inclination to go in the other direction.»
«As a result, we are in a tightening phase of monetary policy,»
«As a member of the FOMC (Federal Open Market Committee), I will never vote to monetize fiscal profligacy,»
«I think the actions taken by the (rate-setting) Federal Open Market Committee have been the appropriate actions. And I assume we will continue to take the appropriate actions, depending on what is happening with the data and the dynamics of the economy,»
«[But the various Fed governors seem to be calculating them using numbers, which suggest inflation. Bert Dohmen brought this quote from Fed Governor Richard Fisher of Dallas to my attention,] We cannot let the equivalent of sclerosis block the arteries and disrupt the workings ... Nor can we let the inflation virus infect the blood supply and poison the system.»
«[But the various Fed governors seem to be calculating them using numbers which suggest inflation. Bert Dohmen brought this quote from Fed Governor Richard Fisher of Dallas to my attention,] We cannot let the equivalent of sclerosis block the arteries and disrupt the workings ... Nor can we let the inflation virus infect the blood supply and poison the system.»
«I consider her to be one of the best of my generation.»
«I will not waver from advocating policy that discourages expectations of higher core inflation. The object will always be to keep inflation at bay, so that the American business machine can keep on humming.»

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