I would be nervous about picking an inflation-targeting champion as my next Fed chairman given the potential impact on employment growth.
More Quotes from Tom Schlesinger:
People got thrown for a loop by the stock market crash at beginning of the decade. It doesn't seem impossible that local housing bubbles bursting would have an effect on people's views of savings. Obviously consumption would take a hit if people save at the historic rate.Tom Schlesinger
At a basic and obvious level, it ties into gut level concern of ordinary people.
Tom Schlesinger
There will be a perceptible political call by people for a more rule-bound policy after the magician (Greenspan) leaves the stage.
Tom Schlesinger
I remember thinking, man, if you think that's problematic, wait until you stick around Washington a little bit longer.
Tom Schlesinger
The Federal Open Market Committee does not appear from any of its official statements or from the speeches and testimony of its members, to be concerned about excessively strong labor markets or the prospect of wage inflation,
Tom Schlesinger
It will come at a really interesting time because the Fed has been so much more successful in recent years than central banks in countries that favored a more rule-oriented approach. One has to wonder why the Fed would abandon the approach that has worked so well.
Tom Schlesinger
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Based on Topics: Potential Quotes, Work & Career QuotesBut listen, I'm 29-years-old, I'm really lucky to be there and whatever happens I've been really blessed already. I have plenty of awards for this movie and if this was it for me I'd be really content.
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Cities, like cats, will reveal themselves at night.
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We simply must do better.
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