An increase in shareholder value can arise for reasons other than greater efficiency, such as increased power and the resulting ability to increase profits by raising prices.
From Janet Yellen
It is hard to have great confidence in predicting what market reactions to Fed decisions will be.
When the time comes to raise rates, I do think there will be some benefits that flow through to savers.
Policies to strengthen education and training, to encourage entrepreneurship and innovation, and to promote capital investment, both public and private, could all potentially be of great benefit in improving future living standards in our nation.
I want to be completely clear that I strongly oppose 'Audit the Fed.'
Audit the Fed is a bill that would politicize monetary policy, would bring short-term political pressures to bear on the Fed. In terms of openness about our financial accounts, we are extensively audited.
It's extremely important for our banks to have more capital, higher quality capital.
Our objective in regulation should be to put in place tough enough regulation and capital and liquidity standards that we level the playing field and make it costly.
It's important for the Fed, hard as it is, to attempt to detect asset bubbles while they're forming.
It certainly would be helpful going forward for deficit reduction efforts to focus on the medium term while not subtracting from the impetus we need to keep a fragile economy moving forward.
81 perspectives
22 perspectives
20 perspectives
13 perspectives
4 perspectives
2 perspectives
1 perspectives