Quote

Monetary policy itself cannot sensibly be directed at reducing imbalances.

I don't want Congress setting monetary policy.

A good monetary policy follows inflationary expectations and not historical numbers.

It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

It should not be the government running the economy.

There are limits to monetary policy.

Any debate among politicians about monetary policy is counterproductive.

Borrowing and spending is not the way to prosperity.

The Federal Reserve cannot solve all the economy's problems on its own.

I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.