Robert Parry Quotes (8 Quotes)

It's risky just to sit back and wait for inflation to show up before we do something, ... One point arguing for monetary restraint is that we seem to have reached a stage where inflation is no longer falling.

He felt very strongly that society should have a social conscience.

While the Mercury News series could arguably be faulted for occasional overstatement, the elite media's attacks on the series were clearly driven by a need to defend their shoddy record on the contra-cocaine story--involving a decade-long suppression of evidence ( Extra , 687, 3-488). The Washington Post was typical. When Brian Barger and I wrote the first story about contra-cocaine smuggling for the Associated Press in December 1985 (122085), ... the Post waited a week, added some fresh denials and then stuck the story near the back of the national news section.

It's risky just to sit back and wait for an upward trend in inflation to show up before we do something,

Let's assume inflation averages 1 to 2 percent. Then you could see maybe the natural funds rate would be -- I don't know -- 3.5 percent, something like that,

After the chairman, at least in my opinion, Don has had a greater impact on the Fed's monetary policy process than any other single person, ... He was very close to the chairman, and they discussed issues frequently. He and this chairman were really a team.

I don't think it's a good idea to take a lot of cash out of your bank and put it under your mattress. Why Because the Federal Deposit Insurance Corp. does insure up to 100,000 of your money in the bank -- but it doesn't insure your mattress.

At the same time, we need to proceed with some caution, because there's a fair bit of uncertainty about the economy's behavior right now,