We really don't want to give Greenspan a grade yet. You want to wait a year or two to see whether the seeds turn to weeds.
More Quotes from Paul Kasriel:
Since central banks aren't letting their currencies appreciate against the dollar, that implies that all the currencies will depreciate against gold and commodities in general.Paul Kasriel
The labor market is improving, optimism is improving and spirits will be higher this holiday season. Sales are going to better than OK, they're going to be good.
Paul Kasriel
The yield curve has been one of the more reliable indicators of turning points, not necessarily recessions, but slowdowns in the economy.
Paul Kasriel
He goes up to Congress, and they ask him questions about everything except monetary policy. It's unprecedented that a central banker is sort of viewed as an omniscient economic policy czar. It's not his responsibility.
Paul Kasriel
There's nothing to suggest that payrolls are going to be particularly weak or strong. That's why the consensus estimate is so close to the average of the past six months.
Paul Kasriel
The Fed is a price fixer it fixes the price of short-term credit. If there's an increase in demand for credit, interest rates want to rise. But because the Fed is fixing the price of credit to keep rates from rising, it has to create more reserves or allow banks to create more money, and that's what leads to bubbles.
Paul Kasriel
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Based on Topics: Weeds QuotesIran stands behind a substantial number of terrorist actions against us, together with Hizballah and the Islamic Jihad. It pretends to care for the Palestinians.
Moshe Katsav
Otherwise we get off the track and we do not fulfil the historical role which we want to fulfil: to help the masses, the exploited and the oppressed of the world, build a classless society, a world socialist federation.
Ernest Mandel
My desire is to stand up and brush myself off when I make mistakes and ask for forgiveness.
Janine Turner